Plan Ledger DOL Form 5500 · updated monthly

Westminster Cracker Company, Inc401(k)

WESTMINSTER CRACKER COMPANY, INC. 401(K) PLAN · RUTLAND, VT · plan year 2021

Reported admin expense ratio · 2021
0.28%

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

Westminster Cracker Company, Inc reported $11,198 in plan administrative expenses for 2021: 0.28% of average plan assets, below the peer median. Employer contributions averaged $1,763 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 fell from 0.28% to 0.13%. The plan sits in the $1M–$10M size bracket, benchmarked here against 289 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Vermont (195th of 230), and 11,844th of 13,661 in manufacturing. In 2021, employees put in $1.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,801,756
Participants with balances301
Active participants98
Employer contributions$172,753
Employee contributions$204,478
Employer contribution per active participant$1,763
Average account balance$12,630
Benefits paid to participants$1,210,489
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2024$3.7M · 111 accts · $237K emplr
2023$3.4M · 124 accts · $263K emplr
2022$3.0M · 314 accts · $199K emplr
2021$3.8M · 301 accts · $173K emplr
The Westminster Cracker Company, Inc 401(k) match · 2021
Employer contribution per active participant$1,763
Median for plans this size$994
2024$3,044 per active participant
2023$3,376 per active participant
2022$2,683 per active participant
2021$1,763 per active participant

Westminster Cracker Company, Inc's 2021 employer contribution ran above the $994 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 2021 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024ADP
2023ADP

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Administrative cost history4
2024$4,633 · 0.13%
2023$16,123 · 0.50%
2022$12,604 · 0.38%
2021$11,198 · 0.28%
Same employer
Similar plansManufacturing · Vermont
Revision Military LTD VT$5.0M · 0.63%
T Copeland and Sons VT$3.1M · 0.54%
Galvion Ballistics, LTD VT$2.4M · 0.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030315004 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.