Plan Ledger DOL Form 5500 · updated monthly

Wilbert Funeral Service, Inc.401(k)

WILBERT FUNERAL SERVICES, INC. 401(K) PLAN · OVERLAND PARK, KS · plan year 2023

Reported admin expense ratio · 2023
0.30%

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

Wilbert Funeral Service, Inc. reported $134,210 in plan administrative expenses for 2023: 0.30% of average plan assets, above the peer median. Employer contributions averaged $1,947 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 1 year on file its reported administrative ratio rose from 0.28% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 139th-largest of 828 plans among Kansas employers on file, and the 3,210th of 13,661 in manufacturing. In 2023, employees put in $1.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$48,792,956
Participants with balances1,336
Active participants1,114
Employer contributions$2,168,969
Employee contributions$3,535,236
Employer contribution per active participant$1,947
Average account balance$36,522
Benefits paid to participants$6,487,094
Plan auditUnmodified (clean) audit opinion
AuditorMARKSNELSON
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $2.2M emplr
2023$48.8M · 1,336 accts · $2.2M emplr
2022$39.9M · 1,209 accts · $690K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$46,887
Investment management$73,823
Audit (IQPA)$13,500
Total administrative$134,210
The Wilbert Funeral Service, Inc. 401(k) match · 2023
Employer contribution per active participant$1,947
Median for plans this size$2,440
2023$1,947 per active participant
2022$676 per active participant

Wilbert Funeral Service, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20235
MERRILL LYNCH, PIERCE, FENNER&SMIT · Investment advisory (plan)$58,846
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$46,887
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$14,977
MARKSNELSON · Accounting / audit$13,500
WEALTH MANAGEMENT SYSTEMS INC · Other servicesindirect comp

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

Administrative cost history3
2024Not separately reported
2023$134,210 · 0.30%
2022$128,906 · 0.28%
Same employer
Similar plansManufacturing · Kansas
Alphia, Inc. KS$55.5M · 0.31%
American Implement, Inc. KS$53.8M · 0.37%
Landoll Company, LLC KS$51.5M · 0.04%
Kalmar USA Holding, Inc KS$50.2M · 0.10%
Cst Industries, Inc. KS$48.1M · 0.54%
Enjet Aero, LLC KS$45.1M · 0.37%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 364128481 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.