Plan Ledger DOL Form 5500 · updated monthly

Westways Staffing Services, Inc.401(k)

WESTWAYS STAFFING SERVICES 401(K) PLAN · ORANGE, CA · plan year 2024

Reported admin expense ratio · 2024
0.59%

Westways Staffing Services, Inc. reported $42,549 in plan administrative expenses for 2024: 0.59% of average plan assets, above the peer median. 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 0.24% to 0.59%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (6,030th of 9,483), and 6,483rd of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$7,937,875
Participants with balances449
Active participants1,913
Employer contributions—
Employee contributions$833,363
Employer contribution per active participant—
Average account balance$17,679
Benefits paid to participants$737,355
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.9M · 449 accts
2023$6.5M · 683 accts
2022$4.9M · 1,966 accts · $36K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,713
Investment management$1,836
Total administrative$42,549
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
ONEAMERICA RETIREMENT SERVICES, LLC · Recordkeeping · Loan processing$40,713
MG TRUST COMPANY DBA MATRIX TRUST Cindirect comp

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
2023MG TRUST COMPANY DBA MATRIX TRUST C

This plan has changed recordkeepers within these filings. If you left Westways Staffing Services, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$42,549 · 0.59%
2023$48,154 · 0.84%
2022$11,665 · 0.24%
Same employer
Similar plansHealth Care & Social Assistance · California
Fariborz Rodef DDS, Inc. CA$8.0M · 0.13%
Tlcs, Inc. CA$7.8M · 0.15%
Town and Country Manor CA$7.8M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330692050 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.