Plan Ledger DOL Form 5500 · updated monthly

Williams Sausage Company, Inc.401(k)

WILLIAMS SAUSAGE, INC. 401(K) PLAN · UNION CITY, TN · plan year 2022

Employer contribution per participant · 2022
$734

Williams Sausage Company, Inc.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $2,955,142 across 118 participant accounts, with employer contributions averaging $734 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Tennessee (1,230th of 1,496), and 12,307th of 13,661 in manufacturing. In 2022, employees put in $1.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,955,142
Participants with balances118
Active participants322
Employer contributions$236,457
Employee contributions$320,926
Employer contribution per active participant$734
Average account balance$25,044
Benefits paid to participants$281,866
Plan auditUnmodified (clean) audit opinion
AuditorATA CPAS + ADVISORS PLLC
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $172K emplr
2022$3.0M · 118 accts · $236K emplr
The Williams Sausage Company, Inc. 401(k) match · 2022
Employer contribution per active participant$734
Median for plans this size$1,114

Williams Sausage Company, Inc.'s 2022 employer contribution ran below the $1,114 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.

Administrative cost history2
2023Not separately reported
2022Not separately reported
Same employer
Similar plansManufacturing · Tennessee
Teknia Nashville, LLC TN$3.1M · 0.16%
Aeroflex USA, Inc TN$3.0M · 0.03%
Titan Brands, Inc. TN$2.8M · 1.07%
Crescent Sock Company TN$2.8M · 0.45%
Metrican Stamping LLC TN$2.7M · 1.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620919614 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.