Plan Ledger DOL Form 5500 · updated monthly

Whiting Systems, Inc.401(k)

WHITING SYSTEMS, INC. 401(K) PROFIT SHARING PLAN AND TRUST · ALEXANDER, AR · plan year 2024

Reported admin expense ratio · 2024
0.91%

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

Whiting Systems, Inc. reported $30,067 in plan administrative expenses for 2024: 0.91% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,096 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 $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Arkansas (356th of 456), and 11,992nd of 13,661 in manufacturing. In 2024, employees put in $2.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,543,544
Participants with balances128
Active participants121
Employer contributions$132,644
Employee contributions$324,639
Employer contribution per active participant$1,096
Average account balance$27,684
Benefits paid to participants$311,186
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,429
Investment management$10,638
Total administrative$30,067
The Whiting Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$1,096
Median for plans this size$1,313

Whiting Systems, Inc.'s 2024 employer contribution ran below the $1,313 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.

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 · 20244
EMPOWER ADVISORY GROUP, LLC · Investment management$9,052
LEAFHOUSE FINANCIAL ADVISORS, LLC · Investment advisory (plan)$1,586
STIFEL NICOLAUS & CO INCindirect comp

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

Administrative cost history1
2024$30,067 · 0.91%
Same employer
Similar plansManufacturing · Arkansas
Propak Logistics, LLC AR$4.7M · 1.03%
Aromatique, Inc. AR$3.8M · 0.01%
Highland Pellets LLC AR$2.3M · 1.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710453145 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.