Plan Ledger DOL Form 5500 · updated monthly

Ascensus Specialties LLC401(k)

ASCENSUS SPECIALTIES LLC 401(K) PLAN · BELLEVUE, WA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Ascensus Specialties LLC reported $55,422 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,955 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 0.01% to 0.12%. 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 357th-largest of 1,714 plans among Washington employers on file, and the 3,233rd of 13,661 in manufacturing. In 2024, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$48,354,953
Participants with balances293
Active participants255
Employer contributions$1,263,613
Employee contributions$2,514,264
Employer contribution per active participant$4,955
Average account balance$165,034
Benefits paid to participants$5,937,106
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$48.4M · 293 accts · $1.3M emplr
2023$44.2M · 290 accts · $1.4M emplr
2022$38.0M · 292 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Investment management$68,697
Total administrative$55,422
The Ascensus Specialties LLC 401(k) match · 2024
Employer contribution per active participant$4,955
Median for plans this size$2,416
2024$4,955 per active participant
2023$5,671 per active participant
2022$4,870 per active participant

Ascensus Specialties LLC's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
GALLAGHER FIDUCIARY ADVISORS LLC · Investment advisory (plan)$68,697
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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

Administrative cost history3
2024$55,422 · 0.12%
2023$1,198 · 0.00%
2022$3,786 · 0.01%
Same employer
Similar plansManufacturing · Washington
Hotstart, Inc. WA$56.2M · 0.00%
Unisea, Inc. WA$52.8M · 0.17%
Usnr, LLC WA$51.2M · 0.17%
Moses Lake Industries WA$48.3M · 0.27%
Janicki Industries, Inc. WA$47.9M · 0.26%
Wellons Group, Inc. WA$47.8M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472301200 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.