Whitmore Worsley, Inc.401(k)
WHITMORE WORSLEY, INC. 401(K) PROFIT SHARING PLAN · EAST HAMPTON, NY · plan year 2024
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Whitmore Worsley, Inc. reported $19,007 in plan administrative expenses for 2024: 0.47% of average plan assets, below the peer median. Employer contributions averaged $74 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 4 years on file its reported administrative ratio rose from 0.43% to 0.47%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in New York (4,619th of 5,648), and 673rd of 945 in agriculture, forestry & fishing. In 2024, employees put in $22.04 for every $1.00 the employer contributed; active participation has grown from 117 to 130 since 2020.
Whitmore Worsley, Inc.'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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 111571994 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.