Plan Ledger DOL Form 5500 · updated monthly

Whitmor, Inc.401(k)

WHITMOR, INC. EMPLOYEES' PROFIT SHARING PLAN · SOUTHAVEN, MS · plan year 2024

Reported admin expense ratio · 2024
0.60%

Whitmor, Inc. reported $42,553 in plan administrative expenses for 2024: 0.60% of average plan assets, above the peer median. 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 rose from 0.57% to 0.63%. 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 Mississippi (203rd of 367), and 9,969th of 13,661 in manufacturing. active participation has shrunk from 126 to 89 since 2022.

Plan summary
Net assets, end of year$7,362,840
Participants with balances109
Active participants89
Employer contributions—
Employee contributions$480,543
Employer contribution per active participant—
Average account balance$67,549
Benefits paid to participants$655,992
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$4.4M · 71 accts
2024$7.4M · 109 accts
2023$6.8M · 127 accts · $172K emplr
2022$7.1M · 144 accts · $324K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,848
Investment management$17,705
Total administrative$42,553
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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$24,848
RAYMOND JAMES & ASSOCIATES INC · Investment advisory (plan)$17,703

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

Administrative cost history4
2025$36,860 · 0.63%
2024$42,553 · 0.60%
2023$45,248 · 0.65%
2022$42,794 · 0.57%
Same employer
Similar plansManufacturing · Mississippi
Columbia Industries, LLC MS$9.1M · 0.40%
Southern Motion, Inc. MS$7.5M · 1.04%
Atlas-Ssi, Inc. MS$7.1M · 0.65%
Southern Hens, Inc. MS$6.8M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131951197 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.