Plan Ledger DOL Form 5500 · updated monthly

Woodcrest Services, Inc.401(k)

AUTOTEC 401(K) PLAN · BIRMINGHAM, AL · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Woodcrest Services, Inc. reported $67,243 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $3,950 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 0.21% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 275th-largest of 902 plans among Alabama employers on file, and 2,793rd of 4,798 in finance & insurance. In 2024, employees put in $1.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,473,340
Participants with balances136
Active participants126
Employer contributions$497,679
Employee contributions$599,185
Employer contribution per active participant$3,950
Average account balance$172,598
Benefits paid to participants$840,762
Plan auditUnmodified (clean) audit opinion
AuditorDENT MOSES LLP
Plan history3
Yearassets · accounts · employer contribution
2024$23.5M · 136 accts · $498K emplr
2023$20.8M · 133 accts · $461K emplr
2022$19.8M · 131 accts · $439K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,058
Investment management$44,185
Total administrative$67,243
The Woodcrest Services, Inc. 401(k) match · 2024
Employer contribution per active participant$3,950
Median for plans this size$2,416
2024$3,950 per active participant
2023$3,687 per active participant
2022$3,753 per active participant

Woodcrest Services, Inc.'s 2024 employer contribution ran above 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 · 20243
MORGAN STANLEY GLOBAL · Investment advisory (plan) · Pension consulting$44,194
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$21,619
ORENDA RETIREMENT LLC · Other services · Contract administrator$1,430

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$67,243 · 0.30%
2023$73,137 · 0.36%
2022$41,736 · 0.21%
Same employer
Similar plansFinance & Insurance · Alabama
All in Federal Credit Union AL$29.7M · 0.37%
River Bank and Trust AL$28.8M · 0.03%
Avadian Credit Union AL$25.6M · 0.34%
Family Savings Credit Union AL$24.6M · 0.29%
Metro Bank AL$22.6M · 0.35%
First US Bancshares, Inc. AL$21.5M · 0.44%
Oakworth Capital Bank AL$20.9M · 0.24%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 631086962 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.