Plan Ledger DOL Form 5500 · updated monthly

Ws Audiology USA, Inc.401(k)

WS AUDIOLOGY USA, INC. SAVINGS PLAN · ISELIN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Ws Audiology USA, Inc. reported $232,966 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $1,631 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 0.18% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 244th-largest of 2,419 plans among New Jersey employers on file, and the 1,283rd of 13,661 in manufacturing. In 2024, employees put in $4.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$174,933,816
Participants with balances2,271
Active participants1,581
Employer contributions$2,578,360
Employee contributions$11,081,194
Employer contribution per active participant$1,631
Average account balance$77,029
Benefits paid to participants$20,965,838
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$174.9M · 2,271 accts · $2.6M emplr
2023$162.3M · 2,295 accts · $3.1M emplr
2022$152.1M · 2,340 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$180,388
Investment management$21,536
Total administrative$232,966
The Ws Audiology USA, Inc. 401(k) match · 2024
Employer contribution per active participant$1,631
Median for plans this size$3,635
2024$1,631 per active participant
2023$1,884 per active participant
2022$1,588 per active participant

Ws Audiology USA, 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
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$180,388
HARTER SECREST & EMERY LLP · Legal$31,042
CAPFINANCIAL PARTNERS, LLC · Investment advisory (plan)$21,536
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp
MID ATLANTIC CAPITAL CORPORATION · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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Administrative cost history3
2024$232,966 · 0.14%
2023$248,767 · 0.16%
2022$293,962 · 0.18%
Same employer
Similar plansManufacturing · New Jersey
J & J Snack Foods Corp. NJ$176.0M · 0.32%
Advansix Inc. NJ$173.1M · 0.10%
Innophos, Inc. NJ$172.5M · 0.08%
As America, Inc. NJ$171.8M · 0.06%
Bracco Diagnostics Inc. NJ$171.4M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222102429 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.