Plan Ledger DOL Form 5500 · updated monthly

Whelan Security Management Company Inc.401(k)

GARDAWORLD SECURITY SERVICES U.S. 401(K) PLAN · SAINT LOUIS, MO · plan year 2024

Reported admin expense ratio · 2024
1.07%

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

Whelan Security Management Company Inc. reported $243,072 in plan administrative expenses for 2024: 1.07% of average plan assets, higher than ~90% of peers. Employer contributions averaged $13 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 1.07%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 507th-largest of 1,393 plans among Missouri employers on file, and the 507th of 2,534 in administrative & support services. In 2024, employees put in $8.08 for every $1.00 the employer contributed; active participation has grown from 48,538 to 56,931 since 2022.

Plan summary
Net assets, end of year$25,628,101
Participants with balances2,885
Active participants56,931
Employer contributions$712,847
Employee contributions$5,762,794
Employer contribution per active participant$13
Average account balance$8,883
Benefits paid to participants$4,156,124
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.6M · 2,885 accts · $713K emplr
2023$19.7M · 1,827 accts · $614K emplr
2022$14.7M · 2,242 accts · $340K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$199,213
Investment management$43,859
Total administrative$243,072
The Whelan Security Management Company Inc. 401(k) match · 2024
Employer contribution per active participant$13
Median for plans this size$2,416
2024$13 per active participant
2023$16 per active participant
2022$7 per active participant

Whelan Security Management Company Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$199,213
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$27,114
CAPTRUST FINANCIAL ADVISORS · Investment advisory (plan)$16,745

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

Administrative cost history3
2024$243,072 · 1.07%
2023$206,785 · 1.20%
2022$152,418 · 1.03%
Same employer
Similar plansAdministrative & Support Services · Missouri
Heartland, LLC MO$46.1M · 0.67%
Coring & Cutting Group. MO$24.4M · 0.43%
Jay Henges Enterprises Inc. MO$23.4M · 0.36%
Safe Haven Holdings Inc. MO$20.5M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453709475 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.