Plan Ledger DOL Form 5500 · updated monthly

Wikoff Color Corporation401(k)

WIKOFF COLOR CORPORATION 401(K) PROFIT SHARING PLAN · FORT MILL, SC · plan year 2022

Reported admin expense ratio · 2022
0.35%

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

Wikoff Color Corporation reported $135,629 in plan administrative expenses for 2022: 0.35% of average plan assets, above the peer median. Employer contributions averaged $1,353 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 0.35% to 0.28%. 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 123rd-largest of 807 plans among South Carolina employers on file, and the 3,291st of 13,661 in manufacturing. In 2022, employees put in $2.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$47,290,949
Participants with balances536
Active participants407
Employer contributions$550,533
Employee contributions$1,226,575
Employer contribution per active participant$1,353
Average account balance$88,229
Benefits paid to participants$5,154,715
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$43.0M · 450 accts · $361K emplr
2023$45.9M · 483 accts · $448K emplr
2022$47.3M · 536 accts · $551K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$120,270
Investment management$15,359
Total administrative$135,629
The Wikoff Color Corporation 401(k) match · 2022
Employer contribution per active participant$1,353
Median for plans this size$2,266
2024$995 per active participant
2023$1,155 per active participant
2022$1,353 per active participant

Wikoff Color Corporation's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$124,064 · 0.28%
2023$131,999 · 0.28%
2022$135,629 · 0.35%
Same employer
Similar plansManufacturing · South Carolina
J W Aluminum Company SC$53.0M · 0.29%
Springs Global US, Inc. SC$51.3M · 0.19%
Contec, Inc. SC$46.9M · 0.40%
Snider Tire, Inc. SC$42.2M · 0.42%
Proterra, Inc SC$40.2M · 0.24%
Atotech USA, LLC SC$36.6M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560633683 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.