Plan Ledger DOL Form 5500 · updated monthly

Westport Corporation401(k)

MUNDI/WESTPORT 401(K) PLAN · PINE BROOK, NJ · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Westport Corporation reported $83,986 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $2,860 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 0.196%. 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 the 604th-largest of 2,419 plans among New Jersey employers on file, and the 914th of 4,246 in wholesale trade. In 2024, employees put in $3.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$45,439,654
Participants with balances197
Active participants130
Employer contributions$371,850
Employee contributions$1,118,782
Employer contribution per active participant$2,860
Average account balance$230,658
Benefits paid to participants$1,670,180
Plan auditUnmodified (clean) audit opinion
AuditorSAX LLP
Plan history3
Yearassets · accounts · employer contribution
2024$45.4M · 197 accts · $372K emplr
2023$40.1M · 202 accts · $359K emplr
2022$34.2M · 207 accts · $328K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,925
Investment management$64,061
Total administrative$83,986
The Westport Corporation 401(k) match · 2024
Employer contribution per active participant$2,860
Median for plans this size$2,416
2024$2,860 per active participant
2023$2,801 per active participant
2022$2,522 per active participant

Westport Corporation'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
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$19,925
UBS FINANCIAL SERVICES, INC · Investment advisory (plan)$64,061

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$83,986 · 0.20%
2023$76,080 · 0.20%
2022$74,333 · 0.20%
Same employer
Similar plansWholesale Trade · New Jersey
True World Holdings LLC NJ$55.9M · 0.17%
Miele, Inc. NJ$52.7M · 0.27%
Roosevelt Paper Company NJ$51.9M · 0.00%
Ferragamo USA Inc NJ$46.3M · 0.29%
Lapp Holding NA, Inc. NJ$44.3M · 0.21%
Glatt Air Techniques, Inc. NJ$43.5M · 0.12%
Control Associates, Inc. NJ$43.0M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221838553 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.