Plan Ledger DOL Form 5500 · updated monthly

Woodpeckers LLC401(k)

WOODPECKERS LLC 401K PLAN · STRONGSVILLE, OH · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Woodpeckers LLC reported $36,851 in plan administrative expenses for 2024: 0.62% of average plan assets, above the peer median. Employer contributions averaged $1,681 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 0.68% to 0.62%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Ohio (2,360th of 3,295), and 3,370th of 5,215 in retail trade. In 2024, employees put in $2.05 for every $1.00 the employer contributed; active participation has shrunk from 178 to 144 since 2022.

Plan summary
Net assets, end of year$6,510,258
Participants with balances96
Active participants144
Employer contributions$242,071
Employee contributions$496,211
Employer contribution per active participant$1,681
Average account balance$67,815
Benefits paid to participants$169,708
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.5M · 96 accts · $242K emplr
2023$5.3M · 100 accts · $259K emplr
2022$4.1M · 113 accts · $286K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,825
Investment management$17,026
Total administrative$36,851
The Woodpeckers LLC 401(k) match · 2024
Employer contribution per active participant$1,681
Median for plans this size$1,313
2024$1,681 per active participant
2023$1,751 per active participant
2022$1,608 per active participant

Woodpeckers LLC's 2024 employer contribution ran above the $1,313 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
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$17,026
REA & ASSOCIATES, INC · Contract administrator$4,581

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$36,851 · 0.62%
2023$29,609 · 0.63%
2022$28,371 · 0.68%
Same employer
Similar plansRetail Trade · Ohio
Robert McCabe Company Inc OH$6.7M · 0.53%
J.B.K. Group, Inc. OH$6.6M · 0.45%
Q.N.P. Inc. OH$6.6M · 0.76%
Park Auto South, Inc. OH$5.4M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341727966 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.