Plan Ledger DOL Form 5500 · updated monthly

Wwl Vehicle Services Americas, Inc.401(k)

WALLENIUS WILHELMSEN GROUP OF COMPANIES 401(K) PLAN · PARSIPPANY, NJ · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Wwl Vehicle Services Americas, Inc. reported $362,290 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $2,627 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 0.04% to 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 207th-largest of 2,419 plans among New Jersey employers on file, and the 70th of 3,341 in other services. In 2024, employees put in $1.37 for every $1.00 the employer contributed; active participation has grown from 2,077 to 3,085 since 2022.

Plan summary
Net assets, end of year$228,289,281
Participants with balances3,585
Active participants3,085
Employer contributions$8,103,403
Employee contributions$11,105,487
Employer contribution per active participant$2,627
Average account balance$63,679
Benefits paid to participants$18,643,961
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$228.3M · 3,585 accts · $8.1M emplr
2023$194.4M · 3,189 accts · $6.9M emplr
2022$163.5M · 2,697 accts · $6.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$311,957
Investment management$33,333
Audit (IQPA)$17,000
Total administrative$362,290
The Wwl Vehicle Services Americas, Inc. 401(k) match · 2024
Employer contribution per active participant$2,627
Median for plans this size$3,635
2024$2,627 per active participant
2023$2,674 per active participant
2022$2,934 per active participant

Wwl Vehicle Services Americas, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$312,097
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$33,333
FRAZIER AND DEETER · Accounting / audit$17,000

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$362,290 · 0.17%
2023$88,442 · 0.05%
2022$80,948 · 0.04%
All plans at this employer2
WALLENIUS WILHELMSEN GROUP OF COMPANIES 401(K) PLAN401(k)
WWL VEHICLE SERVICES AMERICAS, INC. UNION 401(K) PLAN401(k)
Similar plansOther Services · New Jersey
Upbound Group, Inc. TX$244.2M · 0.05%
Open Society Institute NY$230.0M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952592758 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.