Plan Ledger DOL Form 5500 · updated monthly

Worldwide Supply Chain Solutions, Inc.401(k)

WORLDWIDE SUPPLY CHAIN SOLUTIONS, INC. 401(K) PLAN & TRUST · URBANDALE, IA · plan year 2024

Reported admin expense ratio · 2024
0.74%

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

Worldwide Supply Chain Solutions, Inc. reported $107,667 in plan administrative expenses for 2024: 0.74% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,147 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 0.92% to 0.74%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Iowa (468th of 878), and the 874th of 2,677 in transportation & warehousing. In 2024, employees put in $4.60 for every $1.00 the employer contributed; active participation has shrunk from 434 to 368 since 2022.

Plan summary
Net assets, end of year$15,975,113
Participants with balances435
Active participants368
Employer contributions$422,202
Employee contributions$1,940,753
Employer contribution per active participant$1,147
Average account balance$36,724
Benefits paid to participants$1,527,630
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.0M · 435 accts · $422K emplr
2023$13.0M · 482 accts · $461K emplr
2022$8.8M · 454 accts · $322K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,461
Investment management$41,206
Total administrative$107,667
The Worldwide Supply Chain Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$1,147
Median for plans this size$2,416
2024$1,147 per active participant
2023$1,084 per active participant
2022$743 per active participant

Worldwide Supply Chain Solutions, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20244
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$20,458
WELLTH ADVISORY SERVICES LLC · Investment advisory (plan)$13,967
EMPOWER ADVISORY GROUP, LLC · Investment management$6,781

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$107,667 · 0.74%
2023$80,047 · 0.73%
2022$79,208 · 0.92%
Same employer
Similar plansTransportation & Warehousing · Iowa
Hodge Company IA$24.5M · 0.58%
Panama Transfer IA$21.8M · 0.58%
Schuster Co Inc IA$15.3M · 0.55%
Nor-Am, Inc. IA$13.9M · 0.94%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421508757 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.