Plan Ledger DOL Form 5500 · updated monthly

Westguard Insurance Company401(k)

BERKSHIRE HATHAWAY GUARD PROFIT SHARING/401(K) PLAN · WILKES-BARRE, PA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Westguard Insurance Company reported $96,828 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $2,292 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 3 years on file its reported administrative ratio has held roughly steady near 0.092%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 438th-largest of 3,651 plans among Pennsylvania employers on file, and the 920th of 4,798 in finance & insurance. In 2024, employees put in $1.58 for every $1.00 the employer contributed; active participation has grown from 1,309 to 1,456 since 2022.

Plan summary
Net assets, end of year$112,017,531
Participants with balances1,701
Active participants1,456
Employer contributions$3,337,478
Employee contributions$5,277,904
Employer contribution per active participant$2,292
Average account balance$65,854
Benefits paid to participants$9,351,783
Plan auditUnmodified (clean) audit opinion
AuditorKRONICK KALADA BERDY AND CO
Plan history3
Yearassets · accounts · employer contribution
2024$112.0M · 1,701 accts · $3.3M emplr
2023$98.0M · 1,545 accts · $2.8M emplr
2022$81.9M · 1,434 accts · $4.9M emplr
Administrative expenses, itemized · 2024
Investment management$65,564
Total administrative$96,828
The Westguard Insurance Company 401(k) match · 2024
Employer contribution per active participant$2,292
Median for plans this size$3,635
2024$2,292 per active participant
2023$2,048 per active participant
2022$3,718 per active participant

Westguard Insurance Company's 2024 employer contribution ran below the $3,635 median for plans its size. 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 · 20242
T ROWE PRICE RPS INC · Recordkeeping · Trustee$28,024
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$65,564

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$96,828 · 0.09%
2023$92,799 · 0.10%
2022$81,970 · 0.09%
Same employer
Similar plansFinance & Insurance · Pennsylvania
Venerable Holdings, Inc. PA$116.7M · 0.01%
Emoney Advisor, LLC PA$100.3M · 0.08%
Cnb Bank PA$96.9M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061678760 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.