Plan Ledger DOL Form 5500 · updated monthly

Wv Great Barrel Company, LLC401(k)

WVGBC 401(K) PLAN · CALDWELL, WV · plan year 2024

Reported admin expense ratio · 2024
1.03%

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

Wv Great Barrel Company, LLC reported $13,544 in plan administrative expenses for 2024: 1.03% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,360 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 1 year on file its reported administrative ratio rose from 0.64% to 1.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in West Virginia (245th of 265), and 13,093rd of 13,661 in manufacturing. In 2024, employees put in $1.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,418,796
Participants with balances222
Active participants175
Employer contributions$238,000
Employee contributions$352,347
Employer contribution per active participant$1,360
Average account balance$6,391
Benefits paid to participants$572,881
Plan auditUnmodified (clean) audit opinion
AuditorHESS-STUART AND CAMPBELL
Plan history2
Yearassets · accounts · employer contribution
2024$1.4M · 222 accts · $238K emplr
2023$1.2M · 227 accts · $161K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,544
Total administrative$13,544
The Wv Great Barrel Company, LLC 401(k) match · 2024
Employer contribution per active participant$1,360
Median for plans this size$1,313
2024$1,360 per active participant
2023$803 per active participant

Wv Great Barrel Company, LLC's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
ADP, INC. · Loan processing · Recordkeeping$13,543
ADP BROKER-DEALERindirect 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
2023ADP

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

Administrative cost history2
2024$13,544 · 1.03%
2023$7,682 · 0.64%
Similar plansManufacturing · West Virginia
Wincore Window Co., LLC WV$5.4M · 0.85%
Purflux USA, Inc. WV$4.6M · 0.23%
Superior Fibers LLC WV$4.5M · 0.55%
Npi Solutions Inc. CA$1.4M · 0.05%
King Kutter, Inc. AL$1.4M · 0.28%
Erdrich USA, Inc. GA$1.4M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 821697898 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.