Plan Ledger DOL Form 5500 · updated monthly

Wilmar, LLC401(k)

WILMAR, LLC 401(K) PROFIT SHARING PLAN · KENT, WA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Wilmar, LLC reported $5,568 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,060 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 0.09% to 0.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Washington (1,181st of 1,714), and 3,234th of 4,246 in wholesale trade. In 2024, employees put in $1.97 for every $1.00 the employer contributed; active participation has grown from 101 to 141 since 2022.

Plan summary
Net assets, end of year$7,874,944
Participants with balances132
Active participants141
Employer contributions$290,435
Employee contributions$573,606
Employer contribution per active participant$2,060
Average account balance$59,659
Benefits paid to participants$701,829
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.9M · 132 accts · $290K emplr
2023$6.9M · 115 accts · $80K emplr
2022$6.6M · 126 accts · $72K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,085
Trustee / custodial$2,483
Total administrative$5,568
The Wilmar, LLC 401(k) match · 2024
Employer contribution per active participant$2,060
Median for plans this size$1,313
2024$2,060 per active participant
2023$758 per active participant
2022$709 per active participant

Wilmar, LLC's 2024 employer contribution ran above the $1,313 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 · 20241
ALERUS FINANCIAL, N.A. · Recordkeeping$5,568

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

Recordkeeper by year2
2024Alerus
2023Alerus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$5,568 · 0.08%
2023$7,815 · 0.12%
2022$7,005 · 0.09%
Same employer
Similar plansWholesale Trade · Washington
Masons Supply Company WA$9.0M · 0.57%
Foundation Fitness LLC WA$7.3M · 0.28%
Synology America Corp. WA$6.3M · 0.50%
Architectural Woods, L.P. WA$5.9M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910867557 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.