Plan Ledger DOL Form 5500 · updated monthly

American Piledriving Equipment, Inc.401(k)

AMERICAN PILEDRIVING EQUIPMENT 401(K) PROFIT SHARING AND TRUST · KENT, WA · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

American Piledriving Equipment, Inc. reported $81,089 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,033 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 3 years on file its reported administrative ratio has held roughly steady near 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 734th-largest of 1,714 plans among Washington employers on file, and the 6,216th of 13,661 in manufacturing. In 2024, employees put in $2.03 for every $1.00 the employer contributed; active participation has grown from 133 to 160 since 2022.

Plan summary
Net assets, end of year$18,553,968
Participants with balances168
Active participants160
Employer contributions$485,201
Employee contributions$983,712
Employer contribution per active participant$3,033
Average account balance$110,440
Benefits paid to participants$1,395,070
Plan auditUnmodified (clean) audit opinion
AuditorGREENWOOD, OHLUND & CO, CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$18.6M · 168 accts · $485K emplr
2023$16.4M · 162 accts · $481K emplr
2022$13.8M · 146 accts · $423K emplr
The American Piledriving Equipment, Inc. 401(k) match · 2024
Employer contribution per active participant$3,033
Median for plans this size$2,416
2024$3,033 per active participant
2023$2,953 per active participant
2022$3,184 per active participant

American Piledriving Equipment, Inc.'s 2024 employer contribution ran above 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 · 20242
AMERICAN TRUST COMPANY · Trustee (discretionary) · Contract administrator$49,661
KESTRA ADVISOR SERVICES, LLC · Investment advisory (plan)$31,428

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

Recordkeeper by year2
2024AMERICAN TRUST COMPANY
2023AMERICAN TRUST COMPANY

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

Administrative cost history3
2024$81,089 · 0.46%
2023$73,263 · 0.48%
2022$68,111 · 0.47%
Same employer
Similar plansManufacturing · Washington
Pedigo Products, Inc WA$18.8M · 0.35%
Orca Bay Foods, LLC WA$18.7M · 0.19%
Addium, Inc. WA$18.3M · 0.53%
Achilles USA, Inc. WA$18.0M · 0.30%
Icom America, Inc. WA$17.8M · 0.12%
Zak Designs, Inc. WA$17.6M · 0.40%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 911558362 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.