Plan Ledger DOL Form 5500 · updated monthly

Woodsage LLC401(k)

WOODSAGE LLC 401(K) PLAN · HOLLAND, OH · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Woodsage LLC reported $27,581 in plan administrative expenses for 2024: 0.40% of average plan assets, below the peer median. Employer contributions averaged $2,320 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 1 year on file its reported administrative ratio fell from 0.47% to 0.40%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (2,236th of 3,295), and 9,874th of 13,661 in manufacturing. In 2024, employees put in $2.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,574,652
Participants with balances151
Active participants116
Employer contributions$269,136
Employee contributions$623,404
Employer contribution per active participant$2,320
Average account balance$50,163
Benefits paid to participants$733,511
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$7.6M · 151 accts · $269K emplr
2023$6.4M · 128 accts · $363K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,466
Investment management$10,000
Trustee / custodial$2,115
Total administrative$27,581
The Woodsage LLC 401(k) match · 2024
Employer contribution per active participant$2,320
Median for plans this size$1,313
2024$2,320 per active participant
2023$3,522 per active participant

Woodsage LLC's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
NEWPORT GROUP, INC. · Claims processing · Recordkeeping$15,466
VENTURE VISIONARY PARTNERS LLC · Investment advisory (participants) · Investment advisory (plan)$10,000

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$27,581 · 0.40%
2023$26,347 · 0.47%
Similar plansManufacturing · Ohio
Jbm Packaging Company OH$7.8M · 0.90%
Winzeler Stamping Company OH$7.8M · 0.33%
Fabriweld Corporation OH$7.6M · 0.75%
Royal Plastics, Inc. OH$7.4M · 0.10%
G.S. Wiring Systems,Inc. OH$7.4M · 0.64%
Ohio Holdings, Inc. OH$7.4M · 1.06%
Soft-Lite, L.L.C. OH$7.4M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472068738 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.