Plan Ledger DOL Form 5500 · updated monthly

Wilbert, Inc.401(k)

WILBERT, INC. 401(K) RETIREMENT SAVINGS PLAN · BELMONT, NC · plan year 2022

Reported admin expense ratio · 2022
0.11%

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

Wilbert, Inc. reported $38,233 in plan administrative expenses for 2022: 0.11% of average plan assets, below the peer median. Employer contributions averaged $946 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 574th-largest of 2,005 plans among North Carolina employers on file, and the 4,562nd of 13,661 in manufacturing. In 2022, employees put in $2.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$29,303,026
Participants with balances360
Active participants632
Employer contributions$598,066
Employee contributions$1,221,252
Employer contribution per active participant$946
Average account balance$81,397
Benefits paid to participants$4,942,628
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $572K emplr
2022$29.3M · 360 accts · $598K emplr
Administrative expenses, itemized · 2022
Investment management$22,449
Total administrative$38,233
The Wilbert, Inc. 401(k) match · 2022
Employer contribution per active participant$946
Median for plans this size$2,266

Wilbert, Inc.'s 2022 employer contribution ran below the $2,266 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.

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 history2
2023Not separately reported
2022$38,233 · 0.11%
Same employer
Similar plansManufacturing · North Carolina
Goulston Technologies, Inc. NC$31.0M · 0.26%
Kurz Transfer Products, LP NC$30.0M · 0.11%
Avl Technologies NC$29.1M · 0.22%
Bestco, LLC NC$28.5M · 0.26%
Sontara Old Hickory Inc. NC$28.4M · 0.05%
Itg Cigars, Inc. NC$27.9M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 361178800 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.