Plan Ledger DOL Form 5500 · updated monthly

Westwind Logistics, LLC401(k)

WESTWIND LOGISTICS, LLC 401(K) PROFIT SHARING PLAN · DES MOINES, IA · plan year 2022

Reported admin expense ratio · 2022
1.57%

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

Westwind Logistics, LLC reported $29,874 in plan administrative expenses for 2022: 1.57% of average plan assets, higher than ~90% of peers. Employer contributions averaged $451 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Iowa (833rd of 878), and 13,143rd of 13,661 in manufacturing. In 2022, employees put in $2.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,328,127
Participants with balances51
Active participants122
Employer contributions$54,990
Employee contributions$158,325
Employer contribution per active participant$451
Average account balance$26,042
Benefits paid to participants$888,431
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$1.3M · 51 accts · $55K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$29,874
Total administrative$29,874
The Westwind Logistics, LLC 401(k) match · 2022
Employer contribution per active participant$451
Median for plans this size$1,114

Westwind Logistics, LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$29,874 · 1.57%
Similar plansManufacturing · Iowa
Smithco Mfg., Inc. IA$2.0M · 0.08%
Eip Manufacturing, LLC IA$1.9M · 0.79%
Salford Inc. IA$1.7M · 0.94%
Iml Containers Iowa, Inc. IA$333K · 1.53%
Iowa Premium, LLC IA$2K · 3.29%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 300218768 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.