Plan Ledger DOL Form 5500 · updated monthly

Woodward Management Partners LLC401(k)

WOODWARD MANAGEMENT PARTNERS LLC 401(K) PROFIT SHARING PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
1.33%

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

Woodward Management Partners LLC reported $32,915 in plan administrative expenses for 2024: 1.33% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,084 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 0.73% to 1.33%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Georgia (1,827th of 2,160), and 1,727th of 2,096 in real estate & leasing. In 2024, employees put in $1.44 for every $1.00 the employer contributed; active participation has grown from 125 to 204 since 2022.

Plan summary
Net assets, end of year$3,009,214
Participants with balances197
Active participants204
Employer contributions$425,153
Employee contributions$614,007
Employer contribution per active participant$2,084
Average account balance$15,275
Benefits paid to participants$380,960
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$3.0M · 197 accts · $425K emplr
2023$1.9M · 255 accts · $129K emplr
2022$1.4M · 198 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,915
Total administrative$32,915
The Woodward Management Partners LLC 401(k) match · 2024
Employer contribution per active participant$2,084
Median for plans this size$1,313
2024$2,084 per active participant
2023$663 per active participant

Woodward Management Partners 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$32,914
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$32,915 · 1.33%
2023$11,843 · 0.70%
2022$10,266 · 0.73%
Same employer
Similar plansReal Estate & Leasing · Georgia
Talon Management, LLC GA$4.2M · 0.99%
Novation Companies, Inc. GA$4.1M · 1.12%
Acm, LLC GA$3.2M · 0.85%
Knockaway Inc. GA$2.7M · 0.22%
Lek Holdings Inc. GA$2.7M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261465929 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.