Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees, W. Wa Painters Defined Contribution Pension PlanProfit-sharing plan

WESTERN WASHINGTON PAINTERS DEFINED CONTRIBUTION PENSION PLAN · TUKWILA, WA · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Board of Trustees, W. Wa Painters Defined Contribution Pension Plan reported $1,479,572 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,376 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 0.57%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other construction employers. By assets it is the 80th-largest of 1,714 plans among Washington employers on file, and the 255th of 5,337 in construction. In 2024, the employer put in $81.82 for every $1.00 employees contributed themselves; active participation has grown from 1,660 to 2,478 since 2022.

Plan summary
Net assets, end of year$262,409,528
Participants with balances8,264
Active participants2,478
Employer contributions$8,366,714
Employee contributions$102,253
Employer contribution per active participant$3,376
Average account balance$31,753
Benefits paid to participants$17,472,741
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$262.4M · 8,264 accts · $8.4M emplr
2023$258.5M · 7,833 accts · $8.9M emplr
2022$245.3M · 7,119 accts · $9.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$290,042
Investment management$986,269
Audit (IQPA)$77,050
Total administrative$1,479,572
Employer contributions to the Board of Trustees, W. Wa Painters Defined Contribution Pension Plan plan · 2024
Employer contribution per active participant$3,376
Median for plans this size$4,294
2024$3,376 per active participant
2023$5,441 per active participant
2022$5,483 per active participant

Board of Trustees, W. Wa Painters Defined Contribution Pension Plan's 2024 employer contribution ran below the $4,294 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 · 202411
WASHINGTON CAPITAL MANAGMENT, INC. · Investment management$646,202
BENESYS ADMINISTRATORS, INC. · Contract administrator · Participant communication$282,686
ASB CAPITAL MANAGEMENT, LLC · Custodial (securities) · Investment management$127,786
DODGE & COX · Investment management$123,172
SMART SOURCE LLC$56,650
WITHUMSMITH+BROWN, PC · Accounting / audit$50,042
PRINCIPAL CUSTODY SOLUTIONS · Custodial$41,920
RVK, INC. · Pension consulting · Investment advisory (plan)$38,000
BARLOW COUGHRAN MORALES & JOSEPHSON · Legal$32,025
CHRISTENSEN, JAMES AND MARTIN · Legal$26,863
THE URBAN LAW FIRM · Legal$12,920

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$1,479,572 · 0.57%
2023$1,526,440 · 0.61%
2022$1,476,292 · 0.58%
Similar plansConstruction · Washington
McKinstry Co. LLC WA$251.6M · 0.10%
Goodfellow Civil Corp. WA$174.2M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911406332 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.