Plan Ledger DOL Form 5500 · updated monthly

Womack Machine Supply, Co.401(k)

WOMACK MACHINE SUPPLY, CO. RETIREMENT PLAN · FARMERS BRANCH, TX · plan year 2023

Reported admin expense ratio · 2023
0.25%

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

Womack Machine Supply, Co. reported $86,655 in plan administrative expenses for 2023: 0.25% of average plan assets, below the peer median. Employer contributions averaged $3,083 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 has held roughly steady near 0.253%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,331st-largest of 5,688 plans among Texas employers on file, and the 1,122nd of 4,246 in wholesale trade. In 2023, employees put in $2.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$36,581,505
Participants with balances272
Active participants211
Employer contributions$650,539
Employee contributions$1,864,776
Employer contribution per active participant$3,083
Average account balance$134,491
Benefits paid to participants$2,622,805
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$36.6M · 272 accts · $651K emplr
2022$32.0M · 261 accts · $586K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$86,655
Total administrative$86,655
The Womack Machine Supply, Co. 401(k) match · 2023
Employer contribution per active participant$3,083
Median for plans this size$2,440
2023$3,083 per active participant
2022$3,036 per active participant

Womack Machine Supply, Co.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
LINCOLN NATIONAL CORPORATION · Contract administrator · Loan processing$86,602

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$86,655 · 0.25%
2022$87,422 · 0.25%
Same employer
Similar plansWholesale Trade · Texas
Paragon Healthcare, Inc. TX$43.1M · 0.14%
Animal Supply Company LLC TX$38.9M · 0.42%
Resa Power, LLC TX$36.7M · 0.25%
Kendra Scott, LLC TX$36.3M · 0.81%
Silver Eagle Beverages, LLC TX$36.2M · 0.18%
Romco Equipment Company TX$36.2M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 750991635 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.