Plan Ledger DOL Form 5500 · updated monthly

Wkw North America Holding, Inc.401(k)

WKW NORTH AMERICA 401(K) PLAN · PELL CITY, AL · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Wkw North America Holding, Inc. reported $123,039 in plan administrative expenses for 2024: 0.58% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,783 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 0.53% to 0.58%. 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 296th-largest of 902 plans among Alabama employers on file, and the 1,374th of 5,215 in retail trade. In 2024, employees put in $1.53 for every $1.00 the employer contributed; active participation has shrunk from 714 to 583 since 2022.

Plan summary
Net assets, end of year$21,538,666
Participants with balances666
Active participants583
Employer contributions$1,039,310
Employee contributions$1,591,128
Employer contribution per active participant$1,783
Average account balance$32,340
Benefits paid to participants$4,382,784
Plan auditUnmodified (clean) audit opinion
AuditorBMSS. LLC
Plan history3
Yearassets · accounts · employer contribution
2024$21.5M · 666 accts · $1.0M emplr
2023$20.9M · 704 accts · $1.0M emplr
2022$18.6M · 927 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$123,039
Total administrative$123,039
The Wkw North America Holding, Inc. 401(k) match · 2024
Employer contribution per active participant$1,783
Median for plans this size$2,416
2024$1,783 per active participant
2023$1,902 per active participant
2022$1,686 per active participant

Wkw North America Holding, Inc.'s 2024 employer contribution ran below the $2,416 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$123,038
MML INVESTORS SERVICES LLC · Investment advisory (plan)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$123,039 · 0.58%
2023$117,356 · 0.59%
2022$105,395 · 0.53%
Same employer
Similar plansRetail Trade · Alabama
Auto Investment, Inc. AL$27.3M · 0.83%
Trigreen Equipment, LLC AL$26.1M · 0.47%
Wilson Lumber Company, Inc. AL$16.7M · 0.28%
Tameron Automotive Group AL$15.9M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205268658 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.