Plan Ledger DOL Form 5500 · updated monthly

White Line Systems, LLC401(k)

WHITE LINE SYSTEMS, LLC 401(K) PLAN · FORT WORTH, TX · plan year 2024

Reported admin expense ratio · 2024
1.76%

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

White Line Systems, LLC reported $46,734 in plan administrative expenses for 2024: 1.76% of average plan assets, higher than ~90% of peers. Employer contributions averaged $207 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 2.85% to 1.76%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Texas (4,676th of 5,688), and 1,988th of 2,677 in transportation & warehousing. In 2024, employees put in $10.28 for every $1.00 the employer contributed; active participation has shrunk from 422 to 79 since 2022.

Plan summary
Net assets, end of year$2,700,687
Participants with balances235
Active participants79
Employer contributions$16,353
Employee contributions$168,117
Employer contribution per active participant$207
Average account balance$11,492
Benefits paid to participants$261,494
Plan auditUnmodified (clean) audit opinion
AuditorPSK LLP
Plan history3
Yearassets · accounts · employer contribution
2024$2.7M · 235 accts · $16K emplr
2023$2.6M · 258 accts · $196K emplr
2022$2.5M · 329 accts · $487K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,585
Investment management$17,649
Audit (IQPA)$8,500
Total administrative$46,734
The White Line Systems, LLC 401(k) match · 2024
Employer contribution per active participant$207
Median for plans this size$1,313
2024$207 per active participant
2023$1,496 per active participant
2022$1,155 per active participant

White Line Systems, LLC's 2024 employer contribution ran below the $1,313 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
ASCENSUS LLC · Loan processing · Recordkeeping$20,585
LPL FINANCIAL RPCP · Investment advisory (plan)$13,597
PSK LLP · Accounting / audit$8,500

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$46,734 · 1.76%
2023$52,532 · 2.07%
2022$65,538 · 2.85%
Similar plansTransportation & Warehousing · Texas
Interconnect Wiring, LLP TX$2.8M · 1.56%
Packwell, Inc. TX$2.3M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 833997782 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.