Wet Willie's Management Corporation401(k)
WET WILLIE'S 401(K) PLAN · SAVANNAH, GA · plan year 2023
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Wet Willie's Management Corporation reported $40,609 in plan administrative expenses for 2023: 1.01% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,994 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 0.93% to 1.09%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Georgia (1,685th of 2,160), and the 969th of 2,240 in accommodation & food services. In 2023, employees put in $1.85 for every $1.00 the employer contributed; active participation has shrunk from 93 to 78 since 2022.
Wet Willie's Management Corporation's 2023 employer contribution ran above the $1,308 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 593656250 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.