Plan Ledger DOL Form 5500 · updated monthly

Wilson Electric Services Corp ESOPESOP

WILSON ELECTRIC SERVICES CORP. EMPLOYEE STOCK OWNERSHIP PLAN · TEMPE, AZ · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Wilson Electric Services Corp ESOP reported $196,772 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $13,728 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 0.17% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 66th-largest of 1,285 plans among Arizona employers on file, and the 259th of 5,337 in construction. active participation has grown from 533 to 692 since 2022.

Plan summary
Net assets, end of year$256,146,406
Participants with balances1,039
Active participants692
Employer contributions$9,499,855
Employee contributions—
Employer contribution per active participant$13,728
Average account balance$246,532
Benefits paid to participants$4,420,649
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$256.1M · 1,039 accts · $9.5M emplr
2023$161.3M · 977 accts · $11.1M emplr
2022$84.6M · 841 accts · $5.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,591
Audit (IQPA)$9,525
Total administrative$196,772
Employer contributions to the Wilson Electric Services Corp ESOP plan · 2024
Employer contribution per active participant$13,728
Median for plans this size$3,635
2024$13,728 per active participant
2023$17,799 per active participant
2022$10,311 per active participant

Wilson Electric Services Corp ESOP's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. 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 · 20245
UBS · Investment management$70,979
VENTURA TRUST COMPANY · Trustee$48,620
PRINCIPAL FINANCIAL GROUP · Plan administrator$46,590
SC&H GROUP INC · Valuation$18,500
MASPERGER PATTERSON & MCMULLIN, PLC · Accounting / audit$9,525

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$196,772 · 0.09%
2023$126,194 · 0.10%
2022$126,231 · 0.17%
All plans at this employer2
WILSON ELECTRIC 401(K) PLAN401(k)
WILSON ELECTRIC SERVICES CORP. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Taylor Morrison, Inc. AZ$370.5M · 0.19%
Meritage Homes Corporation AZ$209.8M · 0.49%
Suntec Concrete, Inc. AZ$156.0M · 0.13%
Dbm Global Inc. AZ$137.9M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 753091289 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.