Plan Ledger DOL Form 5500 · updated monthly

Bot - Roofers Loc. 153 Supplemental Benefit Plan401(k)

ROOFERS LOCAL 153 SUPPLEMENTAL BENEFIT PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
1.04%

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

Bot - Roofers Loc. 153 Supplemental Benefit Plan reported $174,147 in plan administrative expenses for 2024: 1.04% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,054 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 0.97% to 1.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 754th-largest of 1,714 plans among Washington employers on file, and the 2,198th of 5,337 in construction. In 2024, the employer put in $19.84 for every $1.00 employees contributed themselves; active participation has shrunk from 364 to 326 since 2022.

Plan summary
Net assets, end of year$17,776,411
Participants with balances816
Active participants326
Employer contributions$995,740
Employee contributions$50,193
Employer contribution per active participant$3,054
Average account balance$21,785
Benefits paid to participants$455,368
Plan auditUnmodified (clean) audit opinion
AuditorCLARK, RAYMOND & COMPANY PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$17.8M · 816 accts · $996K emplr
2023$15.8M · 913 accts · $1.1M emplr
2022$13.9M · 723 accts · $993K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,518
Investment management$82,823
Audit (IQPA)$9,389
Total administrative$174,147
The Bot - Roofers Loc. 153 Supplemental Benefit Plan 401(k) match · 2024
Employer contribution per active participant$3,054
Median for plans this size$2,416
2024$3,054 per active participant
2023$2,651 per active participant
2022$2,728 per active participant

Bot - Roofers Loc. 153 Supplemental Benefit Plan's 2024 employer contribution ran above the $2,416 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 · 20245
FIRST HILL TRUST COMPANY · Contract administrator$53,518
MERRILL LYNCH PIERCE FENNER & SMITH · Custodial (securities) · Investment management$52,585
WASHINGTON CAPITAL MANAGEMENT INC · Investment management$30,238
LAW OFFICE OF RICHARD A. EKMAN, P.S · Legal$6,000
CLARK, RAYMOND & COMPANY · Accounting / audit$5,950

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$174,147 · 1.04%
2023$168,779 · 1.14%
2022$135,632 · 0.97%
Similar plansConstruction · Washington
Krekow Jennings, Inc. WA$17.9M · 0.31%
Selland Construction, Inc. WA$17.6M · 0.38%
Sequoyah Electric, LLC WA$17.4M · 0.62%
Schuchart Corporation WA$17.3M · 0.35%

Why are you looking at this plan?

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Source: U.S. Department of Labor, Form 5500 series, EIN 911222649 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.