Plan Ledger DOL Form 5500 · updated monthly

Whele HR LLC401(k)

PERCH 401(K) PLAN · WILMINGTON, DE · plan year 2023

Reported admin expense ratio · 2023
0.12%

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

Whele HR LLC reported $7,523 in plan administrative expenses for 2023: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,387 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 fell from 7.42% to 0.14%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Delaware (164th of 242), and 8,819th of 11,654 in professional & technical services. In 2023, employees put in $1.97 for every $1.00 the employer contributed; active participation has shrunk from 189 to 151 since 2022.

Plan summary
Net assets, end of year$7,636,562
Participants with balances227
Active participants151
Employer contributions$964,458
Employee contributions$1,899,775
Employer contribution per active participant$6,387
Average account balance$33,641
Benefits paid to participants$878,922
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 165 accts · $591K emplr
2023$7.6M · 227 accts · $964K emplr
2022$4.4M · 278 accts · $1.2M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,812
Investment management$4,711
Total administrative$7,523
The Whele HR LLC 401(k) match · 2023
Employer contribution per active participant$6,387
Median for plans this size$1,308
2024$13,127 per active participant
2023$6,387 per active participant
2022$6,285 per active participant

Whele HR LLC's 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
GUIDELINE, INC. · Plan administrator · Recordkeeping$7,523

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

Recordkeeper by year2
2024Guideline
2023Guideline

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

Administrative cost history3
2024$9,724 · 0.14%
2023$7,523 · 0.12%
2022$221,086 · 7.42%
Similar plansProfessional & Technical Services · Delaware
Bitwise Industries, Inc. DE$13.3M · 1.07%
Mbms, LLC DE$12.8M · 0.48%
Truveris Inc DE$11.9M · 0.02%
Pro Automated Inc DE$5.9M · 0.32%
Hopin US Inc. DE$5.0M · 0.03%
Mican Technologies Inc. DE$4.4M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 843768562 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.