Plan Ledger DOL Form 5500 · updated monthly

Wmg Services, LLC401(k)

WORLD ENERGY 401(K) PLAN · BOSTON, MA · plan year 2023

Reported admin expense ratio · 2023
0.40%

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

Wmg Services, LLC reported $93,831 in plan administrative expenses for 2023: 0.40% of average plan assets, above the peer median. Employer contributions averaged $11,227 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 0.51% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,097th-largest of 2,726 plans among Massachusetts employers on file, and the 4,903rd of 13,661 in manufacturing. In 2023, employees put in $1.94 for every $1.00 the employer contributed; active participation has shrunk from 260 to 110 since 2022.

Plan summary
Net assets, end of year$26,667,330
Participants with balances226
Active participants110
Employer contributions$1,235,023
Employee contributions$2,401,835
Employer contribution per active participant$11,227
Average account balance$117,997
Benefits paid to participants$1,609,159
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.1M · 160 accts · $504K emplr
2023$26.7M · 226 accts · $1.2M emplr
2022$20.5M · 232 accts · $1.1M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$93,831
Total administrative$93,831
The Wmg Services, LLC 401(k) match · 2023
Employer contribution per active participant$11,227
Median for plans this size$2,440
2024$4,849 per active participant
2023$11,227 per active participant
2022$4,374 per active participant

Wmg Services, LLC's 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$4,514

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$79,895 · 0.35%
2023$93,831 · 0.40%
2022$107,043 · 0.51%
Similar plansManufacturing · Massachusetts
Plansee USA LLC MA$26.8M · 0.02%
Bake'n Joy Foods, Inc. MA$26.8M · 0.57%
Kirkwood Holdings, Inc. MA$25.6M · 0.10%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 800335037 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.