Plan Ledger DOL Form 5500 · updated monthly

Wsrp, LLC401(k)

WSRP, LLC 401(K) PROFIT SHARING PLAN · SALT LAKE CITY, UT · plan year 2023

Reported admin expense ratio · 2023
0.61%

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

Wsrp, LLC reported $56,749 in plan administrative expenses for 2023: 0.61% of average plan assets, above the peer median. Employer contributions averaged $3,441 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 has held roughly steady near 0.61%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Utah (459th of 848), and 7,993rd of 11,654 in professional & technical services. In 2023, employees put in $2.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,040,660
Participants with balances136
Active participants96
Employer contributions$330,317
Employee contributions$686,432
Employer contribution per active participant$3,441
Average account balance$73,828
Benefits paid to participants$1,053,496
Plan auditUnmodified (clean) audit opinion
AuditorWELLSCOLEMAN
Plan history2
Yearassets · accounts · employer contribution
2023$10.0M · 136 accts · $330K emplr
2022$8.6M · 137 accts · $280K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$23,292
Investment management$20,457
Audit (IQPA)$13,000
Total administrative$56,749
The Wsrp, LLC 401(k) match · 2023
Employer contribution per active participant$3,441
Median for plans this size$1,308
2023$3,441 per active participant
2022$3,373 per active participant

Wsrp, 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 · 20235
RAYMOND JAMES · Investment advisory (plan)$20,828
WELLS COLEMAN & COMPANY LLP · Accounting / audit$13,000
DWC - THE 401(K) EXPERTS · Contract administrator$7,127
ADVISED ASSETS GROUP · Investment management$1,047

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

Administrative cost history2
2023$56,749 · 0.61%
2022$52,950 · 0.59%
Similar plansProfessional & Technical Services · Utah
Dental Intelligence, Inc. UT$10.6M · 0.86%
Executech Utah, LLC UT$10.4M · 0.74%
Consultnet, LLC UT$10.2M · 0.70%
Calltower, Inc. UT$9.5M · 0.64%
Studies Weekly, Inc UT$8.5M · 0.07%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 870517754 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.