Plan Ledger DOL Form 5500 · updated monthly

Bethlehem Construction, Inc.401(k)

BETHLEHEM CONSTRUCTION, INC.401(K) PLAN · CASHMERE, WA · plan year 2024

Reported admin expense ratio · 2024
2.89%

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

Bethlehem Construction, Inc. reported $22,058 in plan administrative expenses for 2024: 2.89% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,499 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 fell from 3.75% to 2.89%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Washington (1,651st of 1,714), and 5,155th of 5,337 in construction. In 2024, employees put in $2.29 for every $1.00 the employer contributed; active participation has shrunk from 119 to 59 since 2022.

Plan summary
Net assets, end of year$771,623
Participants with balances67
Active participants59
Employer contributions$88,447
Employee contributions$202,634
Employer contribution per active participant$1,499
Average account balance$11,517
Benefits paid to participants$349,177
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$772K · 67 accts · $88K emplr
2023$754K · 118 accts · $114K emplr
2022$448K · 121 accts · $118K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,058
Total administrative$22,058
The Bethlehem Construction, Inc. 401(k) match · 2024
Employer contribution per active participant$1,499
Median for plans this size$540
2024$1,499 per active participant
2023$1,290 per active participant
2022$992 per active participant

Bethlehem Construction, Inc.'s 2024 employer contribution ran above the $540 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 · 20244
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$14,256
HUNNEX & SHOEMAKER, INC. · Investment advisory (plan)$3,520
STANDARD RETIREMENT SERVICES · Custodial (securities)indirect comp
ASSUREDPARTNERS INVESTMENT ADVISORS$2,093

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$22,058 · 2.89%
2023$16,748 · 2.79%
2022$12,740 · 3.75%
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 911116560 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.