Plan Ledger DOL Form 5500 · updated monthly

Woolf Distributing Company, Inc.401(k)

WOOLF DISTRIBUTING CO., INC. PROFIT SHARING AND SAVINGS PLAN · WOODSTOCK, IL · plan year 2022

Reported admin expense ratio · 2022
0.53%

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

Woolf Distributing Company, Inc. reported $66,930 in plan administrative expenses for 2022: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,030 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 rose from 0.53% to 0.61%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Illinois (2,297th of 3,702), and 2,762nd of 4,246 in wholesale trade. In 2022, employees put in $2.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,180,870
Participants with balances189
Active participants157
Employer contributions$318,716
Employee contributions$720,155
Employer contribution per active participant$2,030
Average account balance$59,158
Benefits paid to participants$1,490,386
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$10.0M · 191 accts · $279K emplr
2022$11.2M · 189 accts · $319K emplr
The Woolf Distributing Company, Inc. 401(k) match · 2022
Employer contribution per active participant$2,030
Median for plans this size$2,266
2023$1,758 per active participant
2022$2,030 per active participant

Woolf Distributing Company, Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$64,213 · 0.61%
2022$66,930 · 0.53%
Same employer
Similar plansWholesale Trade · Illinois
Lynco Distribution, Inc. IL$12.2M · 0.57%
The Federated Group, Inc. IL$11.0M · 0.22%
Bill Doran LLC IL$10.8M · 0.64%
Woolf Holdings, LLC IL$10.8M · 0.69%
Ls Building Products IL$10.8M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363244400 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.