Plan Ledger DOL Form 5500 · updated monthly

Wk Industrial Services Corp.401(k)

WK INDUSTRIAL SERVICES CORP. 401K PLAN · ALPHARETTA, GA · plan year 2022

Reported admin expense ratio · 2022
0.74%

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

Wk Industrial Services Corp. reported $5,326 in plan administrative expenses for 2022: 0.74% of average plan assets, below the peer median. Employer contributions averaged $586 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Georgia (2,075th of 2,160), and 5,190th of 5,337 in construction. In 2022, employees put in $1.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$644,374
Participants with balances31
Active participants111
Employer contributions$65,060
Employee contributions$116,720
Employer contribution per active participant$586
Average account balance$20,786
Benefits paid to participants$145,509
Plan auditUnmodified (clean) audit opinion
AuditorC)BATES, CARTER & CO
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$538
Investment management$4,788
Total administrative$5,326
The Wk Industrial Services Corp. 401(k) match · 2022
Employer contribution per active participant$586
Median for plans this size$331

Wk Industrial Services Corp.'s 2022 employer contribution ran above the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$5,326 · 0.74%
Similar plansConstruction · Georgia
Yohe Plumbing, Inc. GA$949K · 2.15%
Metro Waterproofing, Inc. GA$327K · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582453652 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.