Plan Ledger DOL Form 5500 · updated monthly

Winzer Corporation401(k)

WINZER CORPORATION 401(K) PLAN · PLANO, TX · plan year 2023

Reported admin expense ratio · 2023
0.66%

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

Winzer Corporation reported $50,324 in plan administrative expenses for 2023: 0.66% of average plan assets, above the peer median. Employer contributions averaged $1,466 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 0.70% to 0.46%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Texas (3,430th of 5,688), and 3,240th of 4,246 in wholesale trade. In 2023, employees put in $2.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,813,013
Participants with balances193
Active participants150
Employer contributions$219,839
Employee contributions$605,229
Employer contribution per active participant$1,466
Average account balance$40,482
Benefits paid to participants$1,490,493
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 188 accts · $173K emplr
2023$7.8M · 193 accts · $220K emplr
2022$7.5M · 185 accts · $213K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$50,324
Total administrative$50,324
The Winzer Corporation 401(k) match · 2023
Employer contribution per active participant$1,466
Median for plans this size$1,308
2024$975 per active participant
2023$1,466 per active participant
2022$1,293 per active participant

Winzer Corporation's 2023 employer contribution ran above the $1,308 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$50,323
MMA SECURITIES, LLC · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024$35,405 · 0.46%
2023$50,324 · 0.66%
2022$57,913 · 0.70%
Same employer
Similar plansWholesale Trade · Texas
Creekside Nursery, L.L.C. TX$8.0M · 0.05%
El Rancho Corp. TX$8.0M · 0.12%
Jackson Supply Company TX$7.9M · 0.01%
Gajeske, Inc. TX$7.9M · 0.06%
Wiseda Corporation TX$7.7M · 0.67%
Grand Openings, Inc. TX$7.6M · 0.22%
Chem Tech Services, Inc. TX$7.6M · 0.95%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953152321 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.