Plan Ledger DOL Form 5500 · updated monthly

Williams Bros. Healthcare Pharmacy, Inc.401(k)

WILLIAMS BROS. HEALTHCARE PHARMACY, INC. 401(K) PLAN · WASHINGTON, IN · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Williams Bros. Healthcare Pharmacy, Inc. reported $118,622 in plan administrative expenses for 2024: 0.60% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,362 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 0.65% to 0.60%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 533rd-largest of 1,562 plans among Indiana employers on file, and the 1,372nd of 5,215 in retail trade. In 2024, employees put in $1.75 for every $1.00 the employer contributed; active participation has grown from 547 to 732 since 2022.

Plan summary
Net assets, end of year$21,574,750
Participants with balances440
Active participants732
Employer contributions$997,265
Employee contributions$1,745,204
Employer contribution per active participant$1,362
Average account balance$49,034
Benefits paid to participants$2,328,784
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.6M · 440 accts · $997K emplr
2023$17.7M · 390 accts · $808K emplr
2022$14.2M · 342 accts · $638K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$118,622
Total administrative$118,622
The Williams Bros. Healthcare Pharmacy, Inc. 401(k) match · 2024
Employer contribution per active participant$1,362
Median for plans this size$2,416
2024$1,362 per active participant
2023$1,320 per active participant
2022$1,166 per active participant

Williams Bros. Healthcare Pharmacy, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
JOHN HANCOCK RETIREMENT PLAN SERVIC · Contract administrator · Loan processing$60,986
HARDING, SHYMANSKI & COMPANY, PSC · Contract administrator$9,006
EDWARD JONES · Investment advisory (plan)indirect comp
WILSHIRE ASSOCIATES INCORPORATED · Investment advisory (plan)indirect 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$118,622 · 0.60%
2023$93,546 · 0.59%
2022$98,517 · 0.65%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 351818445 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.