Plan Ledger DOL Form 5500 · updated monthly

Wtc Wend401(k)

WTC WEND 401(K) SAVINGS PLAN · NASHVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

Wtc Wend reported $30,825 in plan administrative expenses for 2024: 0.72% of average plan assets, above the peer median. Employer contributions averaged $134 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 0.82% to 0.72%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Tennessee (1,092nd of 1,496), and the 913th of 2,240 in accommodation & food services. In 2024, employees put in $4.69 for every $1.00 the employer contributed; active participation has grown from 706 to 827 since 2022.

Plan summary
Net assets, end of year$4,731,372
Participants with balances154
Active participants827
Employer contributions$110,560
Employee contributions$518,442
Employer contribution per active participant$134
Average account balance$30,723
Benefits paid to participants$215,415
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.7M · 154 accts · $111K emplr
2023$3.9M · 151 accts · $107K emplr
2022$3.0M · 132 accts · $97K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,738
Investment management$14,087
Total administrative$30,825
The Wtc Wend 401(k) match · 2024
Employer contribution per active participant$134
Median for plans this size$1,313
2024$134 per active participant
2023$147 per active participant
2022$138 per active participant

Wtc Wend's 2024 employer contribution ran below the $1,313 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$16,737
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$14,087
ADP BROKER-DEALER · Other servicesindirect 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
2024ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill

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

Administrative cost history3
2024$30,825 · 0.72%
2023$26,687 · 0.78%
2022$26,945 · 0.82%
Similar plansAccommodation & Food Services · Tennessee
Jrn, Inc. TN$8.1M · 0.03%
Mrco, LLC TN$4.1M · 0.98%
Captain D's, LLC TN$3.8M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 821105576 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.