Plan Ledger DOL Form 5500 · updated monthly

Brusco Tug and Barge, Inc.401(k)

BRUSCO TUG AND BARGE, INC. EMPLOYEES RETIREMENT PLAN · LONGVIEW, WA · plan year 2023

Reported admin expense ratio · 2023
0.55%

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

Brusco Tug and Barge, Inc. reported $45,033 in plan administrative expenses for 2023: 0.55% of average plan assets, above the peer median. Employer contributions averaged $1,204 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 0.55% to 0.59%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Washington (1,137th of 1,714), and the 1,237th of 2,677 in transportation & warehousing. In 2023, employees put in $3.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,803,241
Participants with balances109
Active participants96
Employer contributions$115,553
Employee contributions$433,668
Employer contribution per active participant$1,204
Average account balance$80,764
Benefits paid to participants$615,212
Plan auditUnmodified (clean) audit opinion
AuditorHAGEN KURTH PERMAN
Plan history3
Yearassets · accounts · employer contribution
2024$8.6M · 94 accts · $140K emplr
2023$8.8M · 109 accts · $116K emplr
2022$7.5M · 109 accts · $145K emplr
Administrative expenses, itemized · 2023
Investment management$38,898
Total administrative$45,033
The Brusco Tug and Barge, Inc. 401(k) match · 2023
Employer contribution per active participant$1,204
Median for plans this size$1,308
2024$1,374 per active participant
2023$1,204 per active participant
2022$1,575 per active participant

Brusco Tug and Barge, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
AMERICAN NORTHWEST ADVISORY SERVICE · Investment advisory (plan) · Named fiduciary$38,898

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$51,550 · 0.59%
2023$45,033 · 0.55%
2022$44,082 · 0.55%
Similar plansTransportation & Warehousing · Washington
World Wide Movers, Inc. WA$12.6M · 0.58%
McGee Air Services, Inc. WA$10.1M · 0.24%
Eagle Systems, Inc. WA$10.0M · 0.34%
Cub Crafters Inc WA$7.2M · 0.84%
Propack Logistics US, LLC WA$4.2M · 1.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910776668 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.