Plan Ledger DOL Form 5500 · updated monthly

Ats Automation, Inc.401(k)

ATS AUTOMATION, INC. 401(K) PLAN · RENTON, WA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Ats Automation, Inc. reported $32,308 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,642 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 1 year on file its reported administrative ratio fell from 0.062% to 0.056%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 269th-largest of 1,714 plans among Washington employers on file, and the 882nd of 5,337 in construction. In 2024, employees put in $2.09 for every $1.00 the employer contributed; active participation has grown from 293 to 347 since 2022.

Plan summary
Net assets, end of year$63,919,645
Participants with balances431
Active participants347
Employer contributions$1,610,734
Employee contributions$3,365,970
Employer contribution per active participant$4,642
Average account balance$148,305
Benefits paid to participants$1,803,109
Plan auditUnmodified (clean) audit opinion
AuditorSMITH BUNDAY BERMAN BRITTON PS
Plan history3
Yearassets · accounts · employer contribution
2024$63.9M · 431 accts · $1.6M emplr
2023$51.8M · 412 accts · $1.4M emplr
2022$43.2M · 389 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,308
Total administrative$32,308
The Ats Automation, Inc. 401(k) match · 2024
Employer contribution per active participant$4,642
Median for plans this size$3,635
2024$4,642 per active participant
2023$4,431 per active participant
2022$5,731 per active participant

Ats Automation, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20243
ATS AUTOMATION$34,045
STEPHEN M KOCH & CO., INC. · Contract administrator$13,354
CAPITAL GROUP RETIREMENT SERVICES$5,674

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$32,308 · 0.06%
2023$29,314 · 0.06%
2022Not separately reported
Same employer
Similar plansConstruction · Washington
W. Lease Lewis Company WA$72.5M · 0.05%
Apollo, Inc. WA$71.7M · 0.31%
Prairie Electric, Inc. WA$69.0M · 0.39%
Graham Group (US) Inc. WA$58.3M · 0.35%
W.G. Clark Construction Co. WA$56.6M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911354987 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.