Plan Ledger DOL Form 5500 · updated monthly

Building Industry Association of Clark County401(k)

BUILDING INDUSTRY ASSOCIATION 401(K) PLAN · VANCOUVER, WA · plan year 2023

Reported admin expense ratio · 2023
0.81%

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

Building Industry Association of Clark County reported $84,780 in plan administrative expenses for 2023: 0.81% of average plan assets, higher than ~90% of peers. Employer contributions averaged $941 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 fell from 1.05% to 0.84%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Washington (975th of 1,714), and the 1,478th of 3,341 in other services. In 2023, employees put in $2.15 for every $1.00 the employer contributed; active participation has grown from 257 to 600 since 2019.

Plan summary
Net assets, end of year$12,008,946
Participants with balances343
Active participants600
Employer contributions$564,629
Employee contributions$1,213,857
Employer contribution per active participant$941
Average account balance$35,012
Benefits paid to participants$592,524
Plan auditUnmodified (clean) audit opinion
Plan history5
Yearassets · accounts · employer contribution
2024$11.9M · 293 accts · $519K emplr
2023$12.0M · 343 accts · $565K emplr
2022$9.0M · 292 accts · $479K emplr
2020$8.2M · 277 accts · $612K emplr
2019$7.0M · 309 accts · $567K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$52,509
Investment management$24,571
Audit (IQPA)$7,700
Total administrative$84,780
The Building Industry Association of Clark County 401(k) match · 2023
Employer contribution per active participant$941
Median for plans this size$2,440
2024$929 per active participant
2023$941 per active participant
2022$989 per active participant
2020$1,406 per active participant
2019$2,206 per active participant

Building Industry Association of Clark County's 2023 employer contribution ran below the $2,440 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.

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 · 20233
TRANSAMERICA FINANCIAL LIFE INS. CO · Recordkeeping · Loan processing$52,509
RAYMOND JAMES FINANCIAL SERVICES · Investment advisory (plan)$24,571
LEE CPA AUDIT GROUP · Accounting / audit$7,700

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Transamerica
2023Transamerica

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Administrative cost history5
2024$100,361 · 0.84%
2023$84,780 · 0.81%
2022$97,554 · 1.05%
2020Not separately reported
2019Not separately reported
Similar plansOther Services · Washington
Neighborhood House, Inc. WA$13.0M · 0.13%
Grab Technology LLC WA$12.7M · 0.29%
Car Wash Enterprises, Inc. WA$12.5M · 0.22%
Orion Industries, Inc. WA$11.8M · 0.51%
Continuant, Inc. WA$11.4M · 0.39%
Seattle Tennis Club WA$10.6M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910906923 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.