Plan Ledger DOL Form 5500 · updated monthly

Winchester Equipment Company401(k)

WINCHESTER EQUIPMENT CO. 401(K) PLAN · WINCHESTER, VA · plan year 2023

Reported admin expense ratio · 2023
0.54%

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

Winchester Equipment Company reported $68,078 in plan administrative expenses for 2023: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,219 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 1 year on file its reported administrative ratio fell from 0.70% to 0.54%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Virginia (1,228th of 2,266), and the 1,976th of 5,215 in retail trade. In 2023, employees put in $1.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,345,560
Participants with balances172
Active participants200
Employer contributions$643,712
Employee contributions$683,048
Employer contribution per active participant$3,219
Average account balance$83,404
Benefits paid to participants$1,619,768
Plan auditUnmodified (clean) audit opinion
AuditorYOUNT HYDE AND BARBOUR
Plan history2
Yearassets · accounts · employer contribution
2023$14.3M · 172 accts · $644K emplr
2022$11.1M · 185 accts · $1.2M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$52,780
Investment management$2,798
Audit (IQPA)$12,500
Total administrative$68,078
The Winchester Equipment Company 401(k) match · 2023
Employer contribution per active participant$3,219
Median for plans this size$2,440
2023$3,219 per active participant
2022$6,075 per active participant

Winchester Equipment Company's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
ASCENSUS LLC · Recordkeeping$52,780
YOUNT HYDE & BARBOUR PC · Accounting / audit$12,500

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

Administrative cost history2
2023$68,078 · 0.54%
2022$71,634 · 0.70%
Same employer
Similar plansRetail Trade · Virginia
Pohanka Oldsmobile Gmc VA$16.0M · 0.41%
Jetcars, Inc VA$12.9M · 0.53%
Berry Enterprises, Inc. VA$12.1M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540624802 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.