Plan Ledger DOL Form 5500 · updated monthly

Bot - Roofers Loc. No 54 Supplemental Benefit Plan401(k)

ROOFERS LOCAL NO. 54 SUPPLEMENTAL BENEFIT PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.77%

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

Bot - Roofers Loc. No 54 Supplemental Benefit Plan reported $115,308 in plan administrative expenses for 2024: 0.77% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,840 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 0.77%. 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 842nd-largest of 1,714 plans among Washington employers on file, and the 2,456th of 5,337 in construction. In 2024, the employer put in $15.12 for every $1.00 employees contributed themselves; active participation has shrunk from 353 to 258 since 2022.

Plan summary
Net assets, end of year$15,137,867
Participants with balances902
Active participants258
Employer contributions$474,734
Employee contributions$31,403
Employer contribution per active participant$1,840
Average account balance$16,783
Benefits paid to participants$1,185,156
Plan auditUnmodified (clean) audit opinion
AuditorCLARK, RAYMOND & COMPANY PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$15.1M · 902 accts · $475K emplr
2023$14.7M · 870 accts · $655K emplr
2022$13.1M · 718 accts · $598K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,885
Investment management$37,065
Audit (IQPA)$9,403
Total administrative$115,308
The Bot - Roofers Loc. No 54 Supplemental Benefit Plan 401(k) match · 2024
Employer contribution per active participant$1,840
Median for plans this size$2,416
2024$1,840 per active participant
2023$2,079 per active participant
2022$1,695 per active participant

Bot - Roofers Loc. No 54 Supplemental Benefit Plan's 2024 employer contribution ran below 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$52,885
WASHINGTON CAPITAL MANAGEMENT INC · Investment management$27,057
HIGHLAND CAPITAL ADVISORS LLC · Investment advisory (plan)$10,000
CLARK, RAYMOND & COMPANY, PLLC · Accounting / audit$8,634
LAW OFFICE OF RICHARD A. EKMAN, P.S · Legal$6,000

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$115,308 · 0.77%
2023$129,531 · 0.93%
2022$110,783 · 0.78%
Similar plansConstruction · Washington
Aks Industries, Inc. WA$15.0M · 0.66%
Charter Construction, Inc. WA$14.2M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911727270 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.