Plan Ledger DOL Form 5500 · updated monthly

Wiseda Corporation401(k)

WISEDA CORPORATION 401(K) PLAN · FORT WORTH, TX · plan year 2024

Reported admin expense ratio · 2024
0.67%

Wiseda Corporation reported $50,625 in plan administrative expenses for 2024: 0.67% of average plan assets, above the peer median. 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 3 years on file its reported administrative ratio has held roughly steady near 0.67%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Texas (3,441st of 5,688), and 3,246th of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$7,739,500
Participants with balances222
Active participants261
Employer contributions—
Employee contributions$782,446
Employer contribution per active participant—
Average account balance$34,863
Benefits paid to participants$1,046,164
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 222 accts
2023$7.3M · 203 accts
2022$6.5M · 197 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,497
Investment management$18,128
Total administrative$50,625
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
ADP, INC. · Loan processing · Recordkeeping$32,495
GENEOS WEALTH MANAGEMENT, INC. · Recordkeeping · Trustee$18,128

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

Recordkeeper by year2
2024ADP, GENEOS WEALTH MANAGEMENT, INC.
2023ADP, GENEOS WEALTH MANAGEMENT, INC.

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Administrative cost history3
2024$50,625 · 0.67%
2023$47,140 · 0.68%
2022$45,906 · 0.66%
Same employer
Similar plansWholesale Trade · Texas
El Rancho Corp. TX$8.0M · 0.12%
Jackson Supply Company TX$7.9M · 0.01%
Gajeske, Inc. TX$7.9M · 0.06%
Winzer Corporation TX$7.8M · 0.66%
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 751530126 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.