Department of Labor filing

WILLIS LEASE FINANCE CORPORATION

THE WILLIS 401(K) PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Oct 14, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

84filing comparison
out of 100

The filing signals stronger employer support and/or lower plan-paid administrative costs than many comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$6,248

Reported employer contributions per active participant.

Higher than about 93% of comparable plans

#People in the filing

160

Active participants reported for 2024.

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

¢Visible plan-paid fees

$123 / participant

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

Lower cost than about 63% of comparable plans

↗Investment performance

Not available

Plan assets changed 20.5%, 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 · 202484out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions93rd percentileTypical peer $2,293 · based on 622 comparable plans

Lower reported administrative expense63rd percentileTypical peer $193 · based on 639 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, WILLIS LEASE FINANCE CORPORATION reported $999,752 in employer contributions across the plan and 160 active participants. That works out to $6,248 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 proxy82%

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 trendUp 0.5%

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

Expense trendDown 14.1%

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

Peer context84/100

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: $999,752
Participant contributions: $2,069,201
Other contributions: $1,303,545
Employer share of reported contributions: 32.6%
Beginning assets: $33,198,554
Ending assets: $40,011,946
Ending net assets: $40,011,946
Ending liabilities: $0
Total income: $9,080,175
Total expenses: $2,266,783
Administrative expenses: $22,108
Participant loans: $125,129

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

$6,220

2023

$6,045

2024

$6,248

Plan-paid administrative expenses per participant

2022

$143

2023

$115

2024

$123

Active participants

2022

121

2023

148

2024

160

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$6,248	160	40M	20251014164457NAL0003317361001
2023	$6,045	148	33.2M	20241011053524NAL0043249266001
2022	$6,220	121	27.4M	20231011104236NAL0018915539001

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: 0.3%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Yes
Public plan identifier: 680070656-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 1997
Industry: Industry group 333
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2S3D

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
CHARLES SCHWAB INVESTMENT MGMT, INC	2024	Not reported	unknown
CHARLES SCHWAB TRUST BANK	2024	Not reported	unknown

Current plan terms

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Filing ACK_ID20251014164457NAL0003317361001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗