Plan Ledger DOL Form 5500 · updated monthly

Wtg Corporate Services, LLC401(k)

WTG CORPORATE SERVICES, LLC AND AFFILIATED COMPANIES 401(K) PLAN · MIDLAND, TX · plan year 2023

Reported admin expense ratio · 2023
0.24%

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

Wtg Corporate Services, LLC reported $43,042 in plan administrative expenses for 2023: 0.24% of average plan assets, below the peer median. Employer contributions averaged $2,855 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 0.25% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other utilities employers. By assets it is the 2,067th-largest of 5,688 plans among Texas employers on file, and 267th of 412 in utilities. In 2023, employees put in $1.49 for every $1.00 the employer contributed; active participation has grown from 162 to 205 since 2022.

Plan summary
Net assets, end of year$19,428,148
Participants with balances307
Active participants205
Employer contributions$585,324
Employee contributions$869,465
Employer contribution per active participant$2,855
Average account balance$63,284
Benefits paid to participants$1,102,539
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.1M · 335 accts · $651K emplr
2023$19.4M · 307 accts · $585K emplr
2022$17.0M · 291 accts · $510K emplr
Administrative expenses, itemized · 2023
Investment management$43,042
Total administrative$43,042
The Wtg Corporate Services, LLC 401(k) match · 2023
Employer contribution per active participant$2,855
Median for plans this size$2,440
2024$2,769 per active participant
2023$2,855 per active participant
2022$3,147 per active participant

Wtg Corporate Services, LLC's 2023 employer contribution ran above the $2,440 median for plans its size. 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 · 20234
GALLAGHER BENEFITS SEERVICES · Investment advisory (plan)$31,331
GREAT-WEST LIFE & ANNUITY INSURANCE$26,555
ACTUARIES & ASSOCIATES · Contract administrator$9,168
GALLAGHER BENEFIT SERVICES · Investment advisory (plan)indirect comp

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$70,620 · 0.37%
2023$43,042 · 0.24%
2022$93,389 · 0.25%
Same employer
Similar plansUtilities · Texas
Tidal Power Services, LLC TX$19.5M · 0.45%
MP2 Energy LLC TX$18.8M · 0.22%
Reliant Holdings, LTD. TX$18.0M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 854142506 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.