Plan Ledger DOL Form 5500 · updated monthly

Wilshire Law Firm, PLC401(k)

WILSHIRE LAW FIRM 401(K) PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
2.07%

Wilshire Law Firm, PLC reported $70,465 in plan administrative expenses for 2024: 2.07% of average plan assets, higher than ~90% of peers. 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 2.77% to 2.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (7,178th of 9,483), and 9,979th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$4,514,019
Participants with balances457
Active participants509
Employer contributions—
Employee contributions$1,721,769
Employer contribution per active participant—
Average account balance$9,878
Benefits paid to participants$465,867
Plan auditUnmodified (clean) audit opinion
AuditorREDWITZ INC.
Plan history2
Yearassets · accounts · employer contribution
2024$4.5M · 457 accts
2022$1.1M · 254 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,465
Total administrative$70,465
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 · 20243
ADP, INC. · Loan processing · Recordkeeping$70,465
ADP BROKER-DEALER · Other servicesindirect comp
MORGAN STANLEY SMITH BARNEY LLC · Other servicesindirect comp

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

Administrative cost history2
2024$70,465 · 2.07%
2022$21,403 · 2.77%
Same employer
Similar plansProfessional & Technical Services · California
Full Stack Finance, LLC CA$4.6M · 0.13%
Zignal Labs, Inc. CA$4.5M · 0.11%
Qualio CA$4.5M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260616666 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.