Plan Ledger DOL Form 5500 · updated monthly

Westpoint Home LLC401(k)

RETIREMENT SAVINGS PLAN FOR EMPLOYEES OF WESTPOINT HOME LLC · NEW YORK, NY · plan year 2023

Reported admin expense ratio · 2023
0.12%

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

Westpoint Home LLC reported $28,415 in plan administrative expenses for 2023: 0.12% of average plan assets, below the peer median. Employer contributions averaged $1,024 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 0.12% to 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,203rd-largest of 5,648 plans among New York employers on file, and the 5,164th of 13,661 in manufacturing. In 2023, employees put in $2.55 for every $1.00 the employer contributed; active participation has shrunk from 312 to 265 since 2022.

Plan summary
Net assets, end of year$24,787,199
Participants with balances311
Active participants265
Employer contributions$271,251
Employee contributions$691,391
Employer contribution per active participant$1,024
Average account balance$79,702
Benefits paid to participants$2,375,683
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.5M · 290 accts · $258K emplr
2023$24.8M · 311 accts · $271K emplr
2022$22.7M · 313 accts · $276K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$28,415
Total administrative$28,415
The Westpoint Home LLC 401(k) match · 2023
Employer contribution per active participant$1,024
Median for plans this size$2,440
2024$1,018 per active participant
2023$1,024 per active participant
2022$883 per active participant

Westpoint Home LLC's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
T ROWE PRICE RPS INC · Recordkeeping · Trustee$28,437

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$32,493 · 0.13%
2023$28,415 · 0.12%
2022$30,431 · 0.12%
Same employer
Similar plansManufacturing · New York
Diamond Packaging, Inc. NY$25.1M · 0.05%
Darktrace Inc NY$24.8M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113752285 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.