Department of Labor filing

WILMINGTON SAVINGS FUND SOCIETY, FSB

WSFS FINANCIAL CORPORATION SECTION 401K SAVINGS & RETIREMENT PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Jul 16, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

34filing 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

$3,308

Reported employer contributions per active participant.

Higher than about 38% of comparable plans

#People in the filing

3,114

Active participants reported for 2024.

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

¢Visible plan-paid fees

$89 / participant

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

Lower cost than about 25% of comparable plans

↗Investment performance

Not available

Plan assets changed 18.3%, 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 · 202434out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions38th percentileTypical peer $4,074 · based on 112 comparable plans

Lower reported administrative expense25th percentileTypical peer $61 · based on 106 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, WILMINGTON SAVINGS FUND SOCIETY, FSB reported $10,299,917 in employer contributions across the plan and 3,114 active participants. That works out to $3,308 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 proxy83%

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 16.5%

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

Expense trendDown 7.0%

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

Peer context34/100

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: $10,299,917
Participant contributions: $16,568,302
Other contributions: $1,607,372
Employer share of reported contributions: 38.3%
Beginning assets: $219,868,011
Ending assets: $260,106,995
Ending net assets: $260,106,995
Ending liabilities: $0
Total income: $61,987,672
Total expenses: $21,748,688
Administrative expenses: $272,836
Participant loans: $814

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

$3,963

2023

$4,067

2024

$3,308

Plan-paid administrative expenses per participant

2022

$96

2023

$75

2024

$89

Active participants

2022

2,371

2023

2,427

2024

3,114

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$3,308	3,114	260.1M	20250716100716NAL0002310707001
2023	$4,067	2,427	219.9M	20240710065012NAL0022336512001
2022	$3,963	2,371	178.8M	20230721121543NAL0009475106001

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: 0.0%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 510054940-002

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Oct 1, 1969
Industry: Finance and insurance
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2S3H

Current plan terms

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Filing ACK_ID20250716100716NAL0002310707001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗