Plan Ledger DOL Form 5500 · updated monthly

Wireway Husky Corporation401(k)

WIREWAY/HUSKY EMPLOYEES 401(K) PLAN · DENVER, NC · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Wireway Husky Corporation reported $46,869 in plan administrative expenses for 2024: 0.50% of average plan assets, below the peer median. Employer contributions averaged $1,286 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 rose from 0.41% to 0.50%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in North Carolina (1,121st of 2,005), and 8,882nd of 13,661 in manufacturing. In 2024, employees put in $2.51 for every $1.00 the employer contributed; active participation has shrunk from 181 to 143 since 2022.

Plan summary
Net assets, end of year$9,799,405
Participants with balances173
Active participants143
Employer contributions$183,890
Employee contributions$461,935
Employer contribution per active participant$1,286
Average account balance$56,644
Benefits paid to participants$794,061
Plan auditUnmodified (clean) audit opinion
AuditorSHARPE PATEL
Plan history3
Yearassets · accounts · employer contribution
2024$9.8M · 173 accts · $184K emplr
2023$8.9M · 189 accts · $255K emplr
2022$8.5M · 186 accts · $340K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,819
Total administrative$46,869
The Wireway Husky Corporation 401(k) match · 2024
Employer contribution per active participant$1,286
Median for plans this size$1,313
2024$1,286 per active participant
2023$1,545 per active participant
2022$1,881 per active participant

Wireway Husky Corporation's 2024 employer contribution ran below the $1,313 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 · 20242
CAPITAL ASSET ADVISORY SVCS, LLCindirect 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$46,869 · 0.50%
2023$44,923 · 0.52%
2022$37,134 · 0.41%
Same employer
Similar plansManufacturing · North Carolina
Galvan Industries, Inc. NC$9.9M · 0.45%
K-Flex USA LLC NC$9.8M · 0.49%
Von Drehle Corporation NC$9.6M · 1.06%
Active Concepts, LLC NC$9.5M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042716036 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.