Board of Trustees of the Western Employees Benefit Plan401(k)
WESTERN EMPLOYEES BENEFIT PLAN · SEATTLE, WA · plan year 2024
Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works
Board of Trustees of the Western Employees Benefit Plan reported $802,181 in plan administrative expenses for 2024: 0.82% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,034 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 0.72% to 0.82%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 173rd-largest of 1,714 plans among Washington employers on file, and the 1,852nd of 13,661 in manufacturing. In 2024, the employer put in $1.37 for every $1.00 employees contributed themselves; active participation has shrunk from 3,127 to 2,646 since 2022.
Board of Trustees of the Western Employees Benefit Plan's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
This plan has changed recordkeepers within these filings. If you left Board of Trustees of the Western Employees Benefit Plan before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).
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Source: U.S. Department of Labor, Form 5500 series, EIN 911154065 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.