Plan Ledger DOL Form 5500 · updated monthly

Aks Industries, Inc.401(k)

AKS INDUSTRIES 401(K) RETIREMENT PLAN & TRUST · KIRKLAND, WA · plan year 2024

Reported admin expense ratio · 2024
0.66%

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

Aks Industries, Inc. reported $92,933 in plan administrative expenses for 2024: 0.66% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,383 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.

Across the 2 years on file its reported administrative ratio rose from 0.56% to 0.66%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 846th-largest of 1,714 plans among Washington employers on file, and the 2,468th of 5,337 in construction. In 2024, the employer put in $1.08 for every $1.00 employees contributed themselves; active participation has shrunk from 395 to 350 since 2022.

Plan summary
Net assets, end of year$15,022,076
Participants with balances340
Active participants350
Employer contributions$484,004
Employee contributions$448,012
Employer contribution per active participant$1,383
Average account balance$44,183
Benefits paid to participants$575,458
Plan auditUnmodified (clean) audit opinion
AuditorSABEY CPA,LLC
Plan history3
Yearassets · accounts · employer contribution
2024$15.0M · 340 accts · $484K emplr
2023$13.1M · 418 accts · $435K emplr
2022$11.2M · 375 accts · $454K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$92,933
Total administrative$92,933
The Aks Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$1,383
Median for plans this size$2,416
2024$1,383 per active participant
2023$1,222 per active participant
2022$1,149 per active participant

Aks Industries, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$4,270

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$92,933 · 0.66%
2023$68,198 · 0.56%
2022$70,718 · 0.56%
Same employer
Similar plansConstruction · Washington
Charter Construction, Inc. WA$14.2M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 920077074 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.