Plan Ledger DOL Form 5500 · updated monthly

Wittwer, Inc.401(k)

WITTWER, INC. PROFIT SHARING / 401(K) PLAN AND TRUST · ST GEORGE, UT · plan year 2024

Reported admin expense ratio · 2024
0.79%

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

Wittwer, Inc. reported $96,727 in plan administrative expenses for 2024: 0.79% of average plan assets, higher than ~90% of peers. Employer contributions averaged $694 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 3 years on file its reported administrative ratio has held roughly steady near 0.79%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 394th-largest of 848 plans among Utah employers on file, and the 2,094th of 5,215 in retail trade. In 2024, employees put in $2.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,276,717
Participants with balances580
Active participants470
Employer contributions$326,201
Employee contributions$860,612
Employer contribution per active participant$694
Average account balance$22,891
Benefits paid to participants$512,726
Plan auditUnmodified (clean) audit opinion
AuditorK&C, CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$13.3M · 580 accts · $326K emplr
2023$11.2M · 617 accts · $337K emplr
2022$9.0M · 350 accts · $269K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,921
Investment management$21,569
Audit (IQPA)$7,000
Total administrative$96,727
The Wittwer, Inc. 401(k) match · 2024
Employer contribution per active participant$694
Median for plans this size$2,416
2024$694 per active participant
2023$723 per active participant
2022$620 per active participant

Wittwer, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
GLOBAL RETIREMENT PARTNERS LLCindirect comp
DWC ERISA CONSULTANTS LLC · Other servicesindirect comp
VOYA RETIREMENT INSURANCE AND ANNUI · Investment advisory (participants)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$96,727 · 0.79%
2023$69,968 · 0.69%
2022$65,376 · 0.77%
Same employer
Similar plansRetail Trade · Utah
Peak Industrial Inc. UT$17.3M · 0.54%
John H. Firmage, Inc. UT$15.3M · 0.01%
Younique, LLC UT$15.3M · 0.53%
Audio Enhancement, Inc. UT$12.5M · 0.52%
Lee's Marketplace UT$12.1M · 0.56%
Siskin Enterprises, Inc. UT$10.5M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870365729 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.