Plan Ledger DOL Form 5500 · updated monthly

Wytech Industries LLC401(k)

WYTECH INDUSTRIES EMPLOYEE SAVINGS PLAN · RAHWAY, NJ · plan year 2022

Reported admin expense ratio · 2022
0.32%

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

Wytech Industries LLC reported $8,659 in plan administrative expenses for 2022: 0.32% of average plan assets, below the peer median. Employer contributions averaged $833 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New Jersey (2,070th of 2,419), and 12,390th of 13,661 in manufacturing. In 2022, employees put in $2.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,814,204
Participants with balances93
Active participants252
Employer contributions$209,943
Employee contributions$531,870
Employer contribution per active participant$833
Average account balance$30,260
Benefits paid to participants$37,026
Plan auditUnmodified (clean) audit opinion
AuditorROSENBERG RICH BAKER BERMAN
Administrative expenses, itemized · 2022
Investment management$67
Total administrative$8,659
The Wytech Industries LLC 401(k) match · 2022
Employer contribution per active participant$833
Median for plans this size$1,114

Wytech Industries LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$8,659 · 0.32%
Same employer
Similar plansManufacturing · New Jersey
Durex Inc. NJ$3.3M · 0.90%
Hoffmann-La Roche Inc. NJ$3.2M · 0.09%
Jpc Merger Sub LLC NJ$3.1M · 0.08%
Lm Foods LLC NJ$3.0M · 0.64%
Teligent, Inc. NJ$2.8M · 1.10%
Lafrieda Meats Inc NJ$2.7M · 0.05%
Endot Industries LLC NJ$2.5M · 1.04%
Freshline Produce, LLC NJ$2.5M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 853397255 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.