Williams Lea LLC 401(k) Review & Grade
Williams Lea LLC 401(k) Savings Plan
Wheeling, WVAdministrative, Support & Staffing Services1,158 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,097Employer $ per active participant
$5,455Employee $ saved per active participant
0.12%Direct admin cost, % of plan assets
$164.9MNet plan assets, end of year
$89,353Average balance per account
Score breakdown
- Employer generosity40.0 / 5080th percentile for employer $ per participant
- Low cost17.3 / 2569th percentile for low admin cost vs. same-size plans
- Employee saving12.0 / 1580th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score62 / 100 · Grade B
This plan vs. peers
Peers: Administrative, Support & Staffing Services plans with 500–2,499 active participants (401 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 80th |
| Lower admin cost | 69th |
| Employee saving | 80th |
| Peers that auto-enroll | 27% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($154,765 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Williams Lea put in about $2,097 per active participant, more than the typical peer ($712). 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.
- 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.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $2,428,162 |
| Participant (employee) contributions | $6,316,418 |
| Other contributions (incl. rollovers in) | $294,881 |
| Administrative expenses paid from the plan | $191,991 |
| Other admin expenses | $191,991 |
| Benefits paid out | $15,277,404 |
| Net assets, start / end of year | $151.6M / $164.9M |
| Active participants, start / end of year | 1,144 / 1,172 |
| Participants with account balances | 1,845 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Miller Cooper & Co., LTD |
Largest service providers (Schedule C)
| Highland Consulting Associates Inc | $67,500 reported compensation |
| The Vanguard Group, Inc. | $60,615 reported compensation |
| Vanguard Advisers Inc. | $49,911 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015164522NAL0002768275001, received 2025-10-15, EIN 13-3160717, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.