Plan Ledger DOL Form 5500 · updated monthly

William B. Meyer, Inc.401(k)

WILLIAM B. MEYER INCORPORATED RETIREMENT AND 401(K) PLAN · STRATFORD, CT · plan year 2023

Reported admin expense ratio · 2023
0.01%

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

William B. Meyer, Inc. reported $1,625 in plan administrative expenses for 2023: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,765 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 rose from 0.00% to 0.07%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 544th-largest of 1,106 plans among Connecticut employers on file, and the 717th of 2,677 in transportation & warehousing. In 2023, employees put in $3.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,962,179
Participants with balances233
Active participants168
Employer contributions$296,543
Employee contributions$962,690
Employer contribution per active participant$1,765
Average account balance$89,966
Benefits paid to participants$2,523,909
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.3M · 222 accts · $260K emplr
2023$21.0M · 233 accts · $297K emplr
2022$19.5M · 249 accts · $339K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,625
Total administrative$1,625
The William B. Meyer, Inc. 401(k) match · 2023
Employer contribution per active participant$1,765
Median for plans this size$2,440
2024$1,556 per active participant
2023$1,765 per active participant
2022$1,875 per active participant

William B. Meyer, 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 · 20232
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,625
LPL FINANCIAL LLCindirect 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
2024$13,604 · 0.07%
2023$1,625 · 0.01%
2022$675 · 0.00%
Same employer
Similar plansTransportation & Warehousing · Connecticut
Greenwich Aerogroup, Inc. CT$63.4M · 0.29%
Dattco, Inc. CT$27.6M · 0.59%
Tradewind Aviation LLC CT$8.7M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060619172 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.