Wasserstrom Holdings, Inc. 401(k) Review & Grade
Wasserstrom Holdings Associates 401(k) Plan
Columbus, OHWholesale Trade1,072 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$361Employer $ per active participant
$4,379Employee $ saved per active participant
0.13%Direct admin cost, % of plan assets
$95.0MNet plan assets, end of year
$67,001Average balance per account
Score breakdown
- Employer generosity3.2 / 506th percentile for employer $ per participant
- Low cost16.8 / 2567th percentile for low admin cost vs. same-size plans
- Employee saving6.8 / 1545th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score27 / 100 · Grade F
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 6th |
| Lower admin cost | 67th |
| Employee saving | 45th |
| Peers that auto-enroll | 53% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Wasserstrom Holdings put in about $361 per active participant, below the typical peer ($1,792). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $387,000 |
| Participant (employee) contributions | $4,696,334 |
| Other contributions (incl. rollovers in) | $1,104,124 |
| Administrative expenses paid from the plan | $116,307 |
| Contract administrator fees | $116,307 |
| Benefits paid out | $8,888,812 |
| Net assets, start / end of year | $84.9M / $95.0M |
| Active participants, start / end of year | 1,089 / 1,056 |
| Participants with account balances | 1,418 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Clark, Schaefer, Hackett & Co. |
| Employer stock held by plan | $5,842,124 |
Largest service providers (Schedule C)
| Vanguard Group, Inc. | $119,100 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251010071142NAL0007310449001, received 2025-10-10, EIN 31-4335700, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.