Plan Ledger DOL Form 5500 · updated monthly

Wireco Worldgroup Inc.401(k)

WIRECO WORLDGROUP, INC. 401(K) SAVINGS PLAN · PRAIRIE VILLAGE, KS · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Wireco Worldgroup Inc. reported $47,501 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $3,474 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 0.10% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 118th-largest of 828 plans among Kansas employers on file, and the 2,819th of 13,661 in manufacturing. In 2024, employees put in $1.63 for every $1.00 the employer contributed; active participation has shrunk from 591 to 494 since 2022.

Plan summary
Net assets, end of year$58,260,060
Participants with balances572
Active participants494
Employer contributions$1,716,237
Employee contributions$2,789,247
Employer contribution per active participant$3,474
Average account balance$101,853
Benefits paid to participants$5,650,715
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$58.3M · 572 accts · $1.7M emplr
2023$52.5M · 641 accts · $1.7M emplr
2022$45.8M · 548 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,501
Total administrative$47,501
The Wireco Worldgroup Inc. 401(k) match · 2024
Employer contribution per active participant$3,474
Median for plans this size$3,635
2024$3,474 per active participant
2023$2,696 per active participant
2022$2,280 per active participant

Wireco Worldgroup Inc.'s 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
T ROWE PRICE RPS INC · Recordkeeping · Trustee$47,501

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$47,501 · 0.09%
2023$54,948 · 0.11%
2022$48,466 · 0.10%
Same employer
Similar plansManufacturing · Kansas
Huhtamaki, Inc. KS$63.1M · 0.12%
Miller's, Inc. KS$58.4M · 0.05%
Mgpi Processing, Inc. KS$58.4M · 0.09%
Learjet Inc. KS$57.1M · 0.07%
Gill Studios, Inc. KS$55.9M · 0.17%
Alphia, Inc. KS$55.5M · 0.31%
American Implement, Inc. KS$53.8M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270061302 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.