Plan Ledger DOL Form 5500 · updated monthly

Witte Brothers Exchange, Inc.401(k)

WITTE BROTHERS EXCHANGE, INC. 401K PROFIT SHARING PLAN · TROY, MO · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Witte Brothers Exchange, Inc. reported $67,552 in plan administrative expenses for 2024: 0.68% of average plan assets, above the peer median. Employer contributions averaged $433 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 0.72% to 0.68%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Missouri (816th of 1,393), and the 1,109th of 2,677 in transportation & warehousing. In 2024, employees put in $5.82 for every $1.00 the employer contributed; active participation has grown from 243 to 273 since 2022.

Plan summary
Net assets, end of year$10,742,319
Participants with balances212
Active participants273
Employer contributions$118,084
Employee contributions$687,658
Employer contribution per active participant$433
Average account balance$50,671
Benefits paid to participants$472,696
Plan auditUnmodified (clean) audit opinion
AuditorAC EVANS CPA, PC
Plan history3
Yearassets · accounts · employer contribution
2024$10.7M · 212 accts · $118K emplr
2023$9.1M · 204 accts · $110K emplr
2022$8.2M · 211 accts · $120K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,132
Investment management$13,220
Audit (IQPA)$8,200
Total administrative$67,552
The Witte Brothers Exchange, Inc. 401(k) match · 2024
Employer contribution per active participant$433
Median for plans this size$1,313
2024$433 per active participant
2023$525 per active participant
2022$493 per active participant

Witte Brothers Exchange, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Participant communication$414
WITTE BROTHERS EXCHANGE, INC. · Accounting / audit · Contract administrator$13,280

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$67,552 · 0.68%
2023$65,075 · 0.75%
2022$56,926 · 0.72%
Same employer
Similar plansTransportation & Warehousing · Missouri
Tri-National, Inc. MO$11.2M · 0.71%
Wagner Industries, LLC MO$10.9M · 0.85%
Sunset Transportation, LLC MO$10.4M · 0.53%
Wilson Logistics, Inc. MO$8.7M · 0.25%
Opies Transport, Inc. MO$7.7M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 430715605 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.