Plan Ledger DOL Form 5500 · updated monthly

Wilson Parts Group LLC401(k)

WILSON PARTS GROUP LLC 401(K) PROFIT SHARING PLAN & TRUST · KEARNY, NJ · plan year 2022

Reported admin expense ratio · 2022
1.26%

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

Wilson Parts Group LLC reported $11,062 in plan administrative expenses for 2022: 1.26% of average plan assets, above the peer median. Employer contributions averaged $426 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 has held roughly steady near 1.26%. The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in New Jersey (2,243rd of 2,419), and 3,091st of 3,341 in other services. In 2022, employees put in $1.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$903,093
Participants with balances118
Active participants155
Employer contributions$66,085
Employee contributions$111,081
Employer contribution per active participant$426
Average account balance$7,653
Benefits paid to participants$20,053
Plan auditUnmodified (clean) audit opinion
AuditorBEDERSON LLP
Plan history2
Yearassets · accounts · employer contribution
2022$903K · 118 accts · $66K emplr
2021$859K · 124 accts · $62K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$3,043
Investment management$8,019
Total administrative$11,062
The Wilson Parts Group LLC 401(k) match · 2022
Employer contribution per active participant$426
Median for plans this size$331
2022$426 per active participant
2021$479 per active participant

Wilson Parts Group LLC's 2022 employer contribution ran above the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2022$11,062 · 1.26%
2021$8,996 · 1.25%
Similar plansOther Services · New Jersey
Pennreach Inc NJ$1.0M · 0.24%
Sp-Hs, LLC NJ$582K · 1.44%
Fleetwash Inc NJ$301K · 3.74%
Pmp Opco LLC NJ$271K · 1.94%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472751361 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.