Plan Ledger DOL Form 5500 · updated monthly

Woodward, Inc.401(k) + ESOP (KSOP)

WOODWARD RETIREMENT SAVINGS PLAN · FORT COLLINS, CO · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Woodward, Inc. reported $1,035,608 in plan administrative expenses for 2024: 0.06% of average plan assets, above the peer median. Employer contributions averaged $7,566 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 0.05% to 0.06%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other manufacturing employers. By assets it is the 5th-largest of 1,461 plans among Colorado employers on file, and the 172nd of 13,661 in manufacturing. In 2024, employees put in $1.04 for every $1.00 the employer contributed; active participation has grown from 5,847 to 6,574 since 2022.

Plan summary
Net assets, end of year$1,965,265,264
Participants with balances8,541
Active participants6,574
Employer contributions$49,740,694
Employee contributions$51,725,279
Employer contribution per active participant$7,566
Average account balance$230,098
Benefits paid to participants$175,941,884
Plan auditUnmodified (clean) audit opinion
AuditorBENNING GROUP, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$2.0B · 8,541 accts · $49.7M emplr
2023$1.8B · 8,115 accts · $44.2M emplr
2022$1.5B · 7,748 accts · $39.4M emplr
Administrative expenses, itemized · 2024
Investment management$1,035,608
Total administrative$1,035,608
The Woodward, Inc. 401(k) match · 2024
Employer contribution per active participant$7,566
Median for plans this size$5,259
2024$7,566 per active participant
2023$7,116 per active participant
2022$6,737 per active participant

Woodward, Inc.'s 2024 employer contribution ran above the $5,259 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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$517,491
VANGUARD ADVISORS, INC. · Investment advisory (participants)$605,917

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$1,035,608 · 0.06%
2023$913,449 · 0.06%
2022$891,356 · 0.05%
All plans at this employer2
WOODWARD RETIREMENT SAVINGS PLAN401(k) + ESOP (KSOP)
WOODWARD HRT RETIREMENT ACCOUNT PLANProfit-sharing plan
Same employer
Similar plansManufacturing · Colorado
Ball Corporation CO$2.8B · 0.05%
Autodesk, Inc. CA$2.0B · 0.06%
Reynolds American Inc. NC$2.0B · 0.02%
Syngenta Corporation NC$2.0B · 0.01%
Garland Industries, Inc OH$2.0B · 0.00%
Ametek, Inc. PA$1.9B · 0.08%
Moog, Inc. NY$1.9B · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 361984010 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.