Plan Ledger DOL Form 5500 · updated monthly

Western Precooling Systems401(k)

WPS/MOODY WESTERN PROFIT SHARING 401(K) PLAN · PLEASANTON, CA · plan year 2024

Reported admin expense ratio · 2024
0.62%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Western Precooling Systems reported $141,702 in plan administrative expenses for 2024: 0.62% of average plan assets, higher than ~75% of peers. Employer contributions averaged $945 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.70% to 0.62%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 3,195th-largest of 9,483 plans among California employers on file, and the 909th of 3,341 in other services. In 2024, employees put in $4.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,026,577
Participants with balances314
Active participants207
Employer contributions$195,521
Employee contributions$786,787
Employer contribution per active participant$945
Average account balance$76,518
Benefits paid to participants$1,226,268
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.0M · 314 accts · $196K emplr
2023$22.0M · 310 accts · $590K emplr
2022$19.4M · 303 accts · $549K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$141,702
Total administrative$141,702
The Western Precooling Systems 401(k) match · 2024
Employer contribution per active participant$945
Median for plans this size$2,416
2024$945 per active participant
2023$2,978 per active participant
2022$2,831 per active participant

Western Precooling Systems's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
RIS EMPLOYEE BENEFITS, INC.$23,504
EMPOWER ADVISORY GROUP, LLC · Investment management$21,971
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$19,715
ASCENSUS HOLDINGS DBA FUTUREPLAN AD · Contract administratorindirect comp
NEWPORT GROUP, INC. · Contract administratorindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$141,702 · 0.62%
2023$147,587 · 0.71%
2022$126,068 · 0.70%
Same employer
Similar plansOther Services · California
Options for Learning CA$23.9M · 0.09%
Angelus Block Company, Inc. CA$23.4M · 0.31%
Resources Legacy Fund CA$22.7M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942327682 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.