Western National Properties DBA Western National Group 401(k) Review & Grade
WNG 401(k) Plan
Irvine, CAReal Estate & Rental841 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,537Employer $ per active participant
$4,379Employee $ saved per active participant
0.43%Direct admin cost, % of plan assets
$58.3MNet plan assets, end of year
$89,775Average balance per account
Score breakdown
- Employer generosity28.6 / 5057th percentile for employer $ per participant
- Low cost7.0 / 2528th percentile for low admin cost vs. same-size plans
- Employee saving9.1 / 1561th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score48 / 100 · Grade C
This plan vs. peers
Peers: Real Estate & Rental plans with 500–2,499 active participants (291 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 57th |
| Lower admin cost | 28th |
| Employee saving | 61th |
| Peers that auto-enroll | 47% |
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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
- Western National Properties DBA Western National Group put in about $1,537 per active participant, more than the typical peer ($1,279). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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.
- Direct plan expenses (0.43% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $1,293,029 |
| Participant (employee) contributions | $3,682,891 |
| Other contributions (incl. rollovers in) | $192,444 |
| Administrative expenses paid from the plan | $233,872 |
| Contract administrator fees | $233,872 |
| Benefits paid out | $3,286,037 |
| Net assets, start / end of year | $50.8M / $58.3M |
| Active participants, start / end of year | 858 / 824 |
| Participants with account balances | 649 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cbiz Cpas P.C. |
Largest service providers (Schedule C)
| Empower Advisory Ins Co of America | $95,051 reported compensation |
| Empower Advisory Group, LLC | $83,838 reported compensation |
| Actuarial Benefits Corp | $73,930 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014121834NAL0003906912001, received 2025-10-14, EIN 33-0848232, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.