Plan Ledger DOL Form 5500 · updated monthly

Woudenberg Enterprises, LLC401(k)

WOUDENBERG ENTERPRISES, LLC 401(K) PLAN · SCOTTSDALE, AZ · plan year 2023

Reported admin expense ratio · 2023
0.80%

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

Woudenberg Enterprises, LLC reported $63,653 in plan administrative expenses for 2023: 0.80% of average plan assets, above the peer median. Employer contributions averaged $3,971 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 0.84% to 0.77%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 623rd-largest of 1,285 plans among Arizona employers on file, and 1,167th of 2,096 in real estate & leasing. In 2023, employees put in $1.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,125,285
Participants with balances143
Active participants122
Employer contributions$484,469
Employee contributions$749,364
Employer contribution per active participant$3,971
Average account balance$63,813
Benefits paid to participants$326,338
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5K · 144 accts · $133K emplr
2023$9.1M · 143 accts · $484K emplr
2022$6.8M · 150 accts · $400K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$16,149
Investment management$47,504
Total administrative$63,653
The Woudenberg Enterprises, LLC 401(k) match · 2023
Employer contribution per active participant$3,971
Median for plans this size$1,308
2024$1,198 per active participant
2023$3,971 per active participant
2022$3,505 per active participant

Woudenberg Enterprises, LLC's 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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 · 20233
COMMONWEALTH EQUITY SERVICES LLC DB · Investment advisory (plan)$44,110
EMPOWER ADVISORY GROUP, LLC · Investment management$3,394

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$35,271 · 0.77%
2023$63,653 · 0.80%
2022$60,180 · 0.84%
Same employer
Similar plansReal Estate & Leasing · Arizona
Offerpad, LLC AZ$13.8M · 0.50%
Onni Properties, LLC. AZ$9.6M · 0.88%
Ensemble Services, LLC AZ$9.6M · 0.33%
M Holding Co. AZ$8.6M · 0.86%
Homelight, Inc. AZ$8.5M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201228966 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.