Plan Ledger DOL Form 5500 · updated monthly

Whitesell Corporation401(k)

WHITESELL GROUP 401(K) PLAN · MUSCLE SHOALS, AL · plan year 2022

Reported admin expense ratio · 2022
0.46%

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

Whitesell Corporation reported $57,812 in plan administrative expenses for 2022: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $426 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 442nd-largest of 902 plans among Alabama employers on file, and 8,393rd of 13,661 in manufacturing. In 2022, employees put in $5.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,932,521
Participants with balances211
Active participants226
Employer contributions$96,213
Employee contributions$482,628
Employer contribution per active participant$426
Average account balance$51,813
Benefits paid to participants$1,244,899
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$57,812
Total administrative$57,812
The Whitesell Corporation 401(k) match · 2022
Employer contribution per active participant$426
Median for plans this size$2,266

Whitesell Corporation's 2022 employer contribution ran below the $2,266 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 history1
2022$57,812 · 0.46%
Same employer
Similar plansManufacturing · Alabama
Beyond Gravity USA, Inc. AL$11.2M · 0.11%
Nextek, Inc. AL$11.0M · 0.25%
Lakeland Industries, Inc. AL$10.7M · 0.50%
Joon, LLC D/B/A/ Ajin USA AL$10.1M · 0.63%
Frit, Inc. AL$10.1M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630600036 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.