Plan Ledger DOL Form 5500 · updated monthly

Worldwide Techservices, LLC401(k)

WORLDWIDE TECHSERVICES RETIREMENT SAVINGS PLAN · NORTH BILLERICA, MA · plan year 2023

Reported admin expense ratio · 2023
0.02%

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

Worldwide Techservices, LLC reported $10,684 in plan administrative expenses for 2023: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $282 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 0.01% to 0.06%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other professional & technical services employers. By assets it is the 635th-largest of 2,726 plans among Massachusetts employers on file, and the 2,469th of 11,654 in professional & technical services. In 2023, employees put in $6.18 for every $1.00 the employer contributed; active participation has shrunk from 1,575 to 1,411 since 2022.

Plan summary
Net assets, end of year$57,070,337
Participants with balances644
Active participants1,411
Employer contributions$397,946
Employee contributions$2,460,492
Employer contribution per active participant$282
Average account balance$88,619
Benefits paid to participants$9,256,910
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$45.7M · 506 accts · $289K emplr
2023$57.1M · 644 accts · $398K emplr
2022$55.2M · 684 accts · $450K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$10,684
Total administrative$10,684
The Worldwide Techservices, LLC 401(k) match · 2023
Employer contribution per active participant$282
Median for plans this size$3,659
2024$279 per active participant
2023$282 per active participant
2022$286 per active participant

Worldwide Techservices, LLC's 2023 employer contribution ran below the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$10,684

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$30,362 · 0.06%
2023$10,684 · 0.02%
2022$7,595 · 0.01%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Stratus Technologies, Inc. MA$58.8M · 0.04%
Sdl Inc. MA$58.2M · 0.21%
Apps Associates LLC MA$57.7M · 0.28%
Dept US Holdings LLC MA$55.9M · 0.20%
Globoforce, Inc. MA$55.8M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134114547 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.