Department of Labor filing

WELFARE & PENSION ADM. SERVICES

WELFARE & PENSION ADMINISTRATION SERVICE, INC. 401(K) PLAN FOR · For the plan year ended Dec 31, 2024

Public filing 2024 · received Apr 29, 2026Verified current terms Not available

Plan at a glance

How good does the filing look?

36filing comparison
out of 100

The filing trails many comparable plans on reported employer support and/or plan-paid administrative costs. This is a filing comparison, not a complete benefits score.

$Employer support

$3,020

Reported employer contributions per active participant.

Higher than about 43% of comparable plans

#People in the filing

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$390 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 19% of comparable plans

↗Investment performance

Not available

Plan assets changed 6.5%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202436out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions43rd percentileTypical peer $3,462 · based on 1,271 comparable plans

Lower reported administrative expense19th percentileTypical peer $184 · based on 1,343 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, WELFARE & PENSION ADM. SERVICES reported $274,776 in employer contributions across the plan and 91 active participants. That works out to $3,020 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy76%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendDown 3.5%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 21.2%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context36/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $274,776
Participant contributions: $375,616
Other contributions: Not reported
Employer share of reported contributions: 42.2%
Beginning assets: $5,996,817
Ending assets: $6,389,278
Ending net assets: $6,389,278
Ending liabilities: $0
Total income: $1,364,346
Total expenses: $971,885
Administrative expenses: $48,724
Participant loans: Not reported

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$3,130

2023

$2,991

2024

$3,020

Plan-paid administrative expenses per participant

2022

$322

2023

$447

2024

$390

Active participants

2022

2023

2024

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$3,020	91	6.4M	20260429172144NAL0011202545001
2023	$2,991	94	6M	20241018134518NAL0017045747001
2022	$3,130	97	5.9M	20231010112231NAL0056668962001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: Not stated in the filing
Independent accountant’s opinion: Qualified opinion Code 2
Late participant contributions reported: Not stated in the filing
Public plan identifier: 911363171-003

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Sep 1, 1994
Industry: Professional, scientific, and technical services
Amended filing: Yes
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2T3D

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
PRINCIPAL LIFE INSURANCE COMPANY	2024	Not reported	unknown

Other plans from this sponsor

Related public plan records

Current plan terms

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Filing ACK_ID20260429172144NAL0011202545001

Data sourceDOL Form 5500 bulk data ↗

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