Plan Ledger DOL Form 5500 · updated monthly

Wlr Management Company, Inc.401(k)

WLR MANAGEMENT COMPANY, INC. 401(K) PROFIT SHARING PLAN · FREDERICK, MD · plan year 2024

Reported admin expense ratio · 2024
1.37%

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

Wlr Management Company, Inc. reported $56,260 in plan administrative expenses for 2024: 1.37% of average plan assets, higher than ~90% of peers. Employer contributions averaged $460 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 1.18% to 1.37%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Maryland (1,311th of 1,671), and 2,378th of 3,341 in other services. In 2024, employees put in $3.03 for every $1.00 the employer contributed; active participation has grown from 387 to 468 since 2022.

Plan summary
Net assets, end of year$4,588,444
Participants with balances471
Active participants468
Employer contributions$215,342
Employee contributions$651,782
Employer contribution per active participant$460
Average account balance$9,742
Benefits paid to participants$315,127
Plan auditUnmodified (clean) audit opinion
AuditorGO TAX SERVICES LLC
Plan history3
Yearassets · accounts · employer contribution
2024$4.6M · 471 accts · $215K emplr
2023$3.6M · 381 accts · $225K emplr
2022$2.7M · 362 accts · $186K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,260
Total administrative$56,260
The Wlr Management Company, Inc. 401(k) match · 2024
Employer contribution per active participant$460
Median for plans this size$1,313
2024$460 per active participant
2023$543 per active participant
2022$482 per active participant

Wlr Management Company, 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$43,352
DEFINITI, LLC · Contract administrator · Other services$10,514
MML INSURANCE COMPANY · Other servicesindirect comp
WILSHIRE ADVISORS 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$56,260 · 1.37%
2023$44,806 · 1.42%
2022$32,283 · 1.18%
Same employer
Similar plansOther Services · Maryland
Amvets National MD$4.4M · 0.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 274133144 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.