Plan Ledger DOL Form 5500 · updated monthly

Worldwide Distributors401(k)

WORLDWIDE MEMBERS' MULTIPLE EMPLOYER PLAN · KENT, WA · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Worldwide Distributors reported $150,034 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,519 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 0.61% to 0.57%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 563rd-largest of 1,714 plans among Washington employers on file, and the 1,443rd of 4,246 in wholesale trade. In 2024, employees put in $1.40 for every $1.00 the employer contributed; active participation has grown from 555 to 724 since 2022.

Plan summary
Net assets, end of year$27,842,740
Participants with balances494
Active participants724
Employer contributions$1,099,660
Employee contributions$1,536,327
Employer contribution per active participant$1,519
Average account balance$56,362
Benefits paid to participants$2,157,550
Plan auditUnmodified (clean) audit opinion
AuditorSHANNON & ASSOCIATES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$27.8M · 494 accts · $1.1M emplr
2023$25.2M · 447 accts · $1.0M emplr
2022$22.9M · 430 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$69,554
Investment management$44,729
Audit (IQPA)$26,250
Trustee / custodial$9,501
Total administrative$150,034
The Worldwide Distributors 401(k) match · 2024
Employer contribution per active participant$1,519
Median for plans this size$2,416
2024$1,519 per active participant
2023$1,658 per active participant
2022$2,030 per active participant

Worldwide Distributors's 2024 employer contribution ran below the $2,416 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 · 20244
NWPS, INC · Recordkeeping · Consulting$64,306
CHARLES SCHWAB TRUST BANK · Recordkeeping · Custodial (securities)$9,501
RBC WEALTH MANAGEMENT · Investment advisory (participants) · Investment advisory (plan)$44,729
CLIFTONLARSONALLEN, LLP · Accounting / audit$26,250

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

Recordkeeper by year2
2024Charles Schwab, NWPS
2023Charles Schwab, NWPS

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

Administrative cost history3
2024$150,034 · 0.57%
2023$135,510 · 0.56%
2022$144,623 · 0.61%
Similar plansWholesale Trade · Washington
Yaculta Companies, Inc. WA$34.7M · 0.25%
Mountain West 401K LLC WA$34.5M · 0.03%
Cutter & Buck Inc. WA$27.1M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 912146795 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.