Plan Ledger DOL Form 5500 · updated monthly

Westin Inc.401(k)

WESTIN INC. 401K PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Westin Inc. reported $33,321 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $2,714 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 rose from 0.29% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Nebraska (350th of 565), and 2,766th of 4,246 in wholesale trade. In 2024, employees put in $1.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,159,103
Participants with balances157
Active participants173
Employer contributions$469,542
Employee contributions$718,922
Employer contribution per active participant$2,714
Average account balance$71,077
Benefits paid to participants$659,114
Plan auditUnmodified (clean) audit opinion
AuditorO'DONNELL, FICENEC, WILLS, & FERDIG
Plan history3
Yearassets · accounts · employer contribution
2024$11.2M · 157 accts · $470K emplr
2023$9.3M · 156 accts · $425K emplr
2022$7.1M · 164 accts · $427K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,133
Investment management$32,188
Total administrative$33,321
The Westin Inc. 401(k) match · 2024
Employer contribution per active participant$2,714
Median for plans this size$2,416
2024$2,714 per active participant
2023$2,201 per active participant
2022$2,359 per active participant

Westin Inc.'s 2024 employer contribution ran above the $2,416 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
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Participant communication$1,133
MARINER WEALTH ADVISORS LLC · Investment advisory (participants) · Investment advisory (plan)$32,188

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$33,321 · 0.33%
2023$26,270 · 0.32%
2022$21,715 · 0.29%
Same employer
Similar plansWholesale Trade · Nebraska
Whitehead Oil Company NE$20.2M · 0.58%
Voss Electric Company NE$14.6M · 0.32%
Bosselman Energy, Inc. NE$12.7M · 0.65%
Lift Solutions, Inc. NE$11.1M · 0.90%
Allied Oil & Tire Company NE$7.0M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470615732 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.