Wallace Welch & Willingham Inc. 401(k) Retirement Plan
Wallace Welch & Willingham Inc. · St Petersburg, FL · EIN 591203168 · Plan 003 · Form 5500 for plan year 2024
This is the plan's final filing: the plan has been terminated, so the year it covers can be a partial one.
What Wallace Welch & Willingham put into the plan, per active participant
Not on this filing
The plan ended the year with a fraction of the active participants it began with, so a full year of employer money would divide across the few people left and read as a figure no employee received. The total is shown instead of a per-person amount.
The plan received $253,289 of employer money in plan year 2024. The total is shown here because the filing does not support dividing it per person.
A plan whose active count collapsed during the year is kept out of every peer group, because ranking it would move everyone else. Nothing is filled in from an average, from another year or from another plan.
Source: Form 5500 filing for the plan year ended November 19, 2024, received by the DOL September 11, 2025 · DOL EFAST2 ↗
What the plan cost, per participant
$348.34
The plan paid $348.34 per participant in plan-paid administrative expenses in plan year 2024.
This is the plan's final filing, so the plan no longer exists. Every plan it would be ranked against was still running at the end of the year, so this figure is printed as the filing states it and is given no standing among them.
What this figure counts, and what it leaves out
Schedule H reports only what came out of plan assets. Fees the sponsor pays directly, and fees taken inside fund expense ratios, never appear here, so this is a floor and not the all-in cost.
401(k) Monitor Score
Not scored
This is the plan's final filing, so the plan no longer exists. The score is a standing among plans of the same size and industry, and all of those were still running at the end of the year, so a filing that closes a plan takes no score.
The amounts this filing does report stay above, printed as the filing states them. Nothing is filled in from an average, from another year or from another plan.
What the score would read, on a plan that was still running at the end of the year: Where this plan stands against plans of its size and industry on two amounts its Form 5500 reports: employer money in per active person, and plan-paid cost per person. It reads no match formula, no vesting schedule and no fund lineup, because a Form 5500 states none of them.
On this page: where the match terms are stated · what to check next · every figure on the filing · fees itemised · the plans this one is ranked against · service providers
The match and vesting terms, from a Form 11-K
The match formula and the vesting schedule are stated in a Form 11-K, which is filed only by employers whose plan holds company stock. A Form 5500 reports neither.
What Wallace Welch & Willingham puts in
Not in public filings for this employer
We have no SEC Form 11-K for this employer, and the Form 5500 this page is built from does not report match terms.
Two places state the terms in full: your plan’s Summary Plan Description, which your employer must provide on request, and your recordkeeper’s site, which for this plan is Principal ↗.
What you contribute to collect all of it
Not in public filings for this employer
The rate that collects the full match is part of the match formula, which a Form 5500 does not report.
Vesting score
Not scored
The vesting schedule is stated in a Form 11-K, and we have none for this employer.
A schedule this cannot read at whole-year anniversaries is left without a number rather than given a middle one.
What the plan costs, against plans of its size
Not ranked
This is the plan's final filing, so the plan no longer exists. Every plan it would be ranked against was still running at the end of the year, so this figure is printed as the filing states it and is given no standing among them.
What to check next
Money in, without a headcount to divide it by
The plan ended the year with a fraction of the active participants it began with, so the employer money is shown as a total above and not per person. Your own statement, on Principal ↗, shows what reached your account.
If you had money in this plan
This is the plan’s final filing, so the plan has been wound up and the accounts in it went elsewhere. The Department of Labor runs a free search for retirement money left behind at a former employer: Retirement Savings Lost and Found ↗.
Your own numbers are not on this page
Every figure here is the whole plan for plan year 2024, taken from one filing and divided by headcounts. Your own contribution rate, your balance and the fees taken from your account are on your recordkeeper’s site, which this filing names as Principal ↗. What you may put in during a year is set by the IRS and not by the plan: this year’s limits ↗.
Key figures
| Total plan assets, end of year | $0 |
|---|---|
| Net assets | $0 |
| Participants, beginning of year | 164 |
| Of which active | 0 |
| Plan type | Single employer |
| Size cohortThe peer group we rank fees against. | 100–499 participants |
| Employer share of the money that went in, plan year 2024The rest came from employees, who put in $725,827. The share falls when employees save more, so a plan whose staff contribute heavily reads lower here through no act of the employer. It is printed as a fact and it is not part of the score. | 26% |
Plan-paid administrative expenses
The plan paid $57,128 in administrative expenses in plan year 2024, across 164 participants: $348.34 per participant.
| Contract administrator fees | $48,628 |
|---|---|
| Professional fees | not reported in filing |
| Investment management fees | not reported in filing |
| Other administrative fees | not reported in filing |
These are plan-paid expenses from Schedule H only. Fees the sponsor pays directly, and fees embedded in fund expense ratios, never appear here. This figure is a floor, not the all-in cost, and a low number is not “free”.
The plans this one is ranked against
Fees on this page are ranked against the 100–499 participant cohort, where the median plan pays $156.87 per participant. The sponsor files from Florida, one of 2,637 plans on file there, at a median of $112.18 per participant. Its business code places the plan in insurance, one of 1,068 on file, which run to a median of $119.27.
Plans of a similar size in Florida
| Plan | Participants | Cost per participant |
|---|---|---|
| Microgendx 401(k) Profit Sharing PlanSouthwest Regional Pcr, LLC D/B/A Microgendx | 164 | $180.86 |
| Ubicquia 401(k) PlanUbicquia LLC | 164 | $309.00 |
| Bonita Springs Utilities, Inc. 401(k) Profit Sharing PlanBonita Springs Utilities, Inc. | 164 | $71.90 |
| Dayton-Granger Inc. 401(k) PlanDayton-Granger Inc. | 164 | $192.52 |
Service providers (Schedule C)
Recordkeeper: Principal (as filed: “PRINCIPAL LIFE INSURANCE COMPANY”)
5,239 plans on file name Principal as their recordkeeper, at a median of $170.05 per participant.
| Provider | Service codes | Direct comp. ($) | Indirect comp. ($) |
|---|---|---|---|
| Principal Life Insurance Company | 64, 50, 37, 13 | 48,628 | 0 |
| Wallace Welch & Willingh | 50, 10 | 8,500 | not reported |
Useful links
- Find a 401(k) you left at an old job ↗
The DOL's Retirement Savings Lost & Found. Free and official.
- Look up this plan's full Form 5500 ↗
The DOL's own filing search. Search by plan or sponsor name.
- Download this plan's data (CSV) ↗
Every field on this page, one row, ready for a spreadsheet.
Source
| Dataset | DOL EFAST2 Form 5500 bulk data (FOIA) |
|---|---|
| Form year | 2024 |
| Filing ACK_ID | 20250911090004NAL0000474336001 |
| Dataset last refreshed | July 28, 2026 |
Bulk dataset at askebsa.dol.gov ↗ · Look up the filing on EFAST2 ↗
Filings lag by design: a plan can file up to 9½ months after its year ends, so this is the newest data on file. Why filings lag
Cite this page
401(k) Monitor, "Wallace Welch & Willingham Inc. 401(k) Retirement Plan: Form 5500 facts", from DOL EFAST2 filing 20250911090004NAL0000474336001, plan year ended November 19, 2024.