Plan Ledger DOL Form 5500 · updated monthly

3 Kings Environmental, Inc.401(k)

3 KINGS ENVIRONMENTAL 401(K) PLAN · VANCOUVER, WA · plan year 2022

Reported admin expense ratio · 2022
4.91%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

3 Kings Environmental, Inc. reported $27,730 in plan administrative expenses for 2022: 4.91% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,114 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Washington (1,667th of 1,714), and 5,204th of 5,337 in construction. In 2022, employees put in $1.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$579,568
Participants with balances85
Active participants76
Employer contributions$84,700
Employee contributions$108,346
Employer contribution per active participant$1,114
Average account balance$6,818
Benefits paid to participants$32,009
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$9,198
Professional / advisory$18,532
Total administrative$27,730
The 3 Kings Environmental, Inc. 401(k) match · 2022
Employer contribution per active participant$1,114
Median for plans this size$331

3 Kings Environmental, Inc.'s 2022 employer contribution ran above the $331 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$27,730 · 4.91%
Similar plansConstruction · Washington
Paintsmith, Co. WA$484K · 0.02%
Black Hills Inc WA$29 · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911724720 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.