Plan Ledger DOL Form 5500 · updated monthly

Worldwide Flight Services, Inc.401(k)

WORLDWIDE FLIGHT SERVICES, INC. 401(K) PLAN · IRVING, TX · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

Worldwide Flight Services, Inc. reported $562,008 in plan administrative expenses for 2024: 0.72% of average plan assets, higher than ~90% of peers. Employer contributions averaged $355 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 0.25% to 0.72%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 734th-largest of 5,688 plans among Texas employers on file, and the 273rd of 2,677 in transportation & warehousing. In 2024, employees put in $2.00 for every $1.00 the employer contributed; active participation has grown from 13,466 to 15,027 since 2022.

Plan summary
Net assets, end of year$83,341,458
Participants with balances4,737
Active participants15,027
Employer contributions$5,339,304
Employee contributions$10,663,139
Employer contribution per active participant$355
Average account balance$17,594
Benefits paid to participants$9,379,591
AuditorBAKER TILLY US, LP
Plan history3
Yearassets · accounts · employer contribution
2024$83.3M · 4,737 accts · $5.3M emplr
2023$73.5M · 4,491 accts · $5.7M emplr
2022$56.9M · 4,246 accts · $3.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$562,008
Total administrative$562,008
The Worldwide Flight Services, Inc. 401(k) match · 2024
Employer contribution per active participant$355
Median for plans this size$3,635
2024$355 per active participant
2023$416 per active participant
2022$260 per active participant

Worldwide Flight Services, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20245
MERRILL LYNCH, PIERCE, FENNER AND S · Investment advisory (plan)$117,367
NOVA 401(K) ASSOCIATES · Contract administrator$42,909
EMPOWER ADVISORY GROUP, LLC · Investment management$34,145
BAKER TILLY US, LLP$13,813

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$562,008 · 0.72%
2023$438,076 · 0.67%
2022$109,190 · 0.25%
Same employer
Similar plansTransportation & Warehousing · Texas
Wwex Uni Topco Holdings, LLC TX$113.5M · 0.24%
Tntx, LLC TX$97.7M · 0.21%
Tidewater Inc. TX$77.6M · 0.05%
Pearce Industries, Inc. TX$73.1M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751932711 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.