Plan Ledger DOL Form 5500 · updated monthly

Carrix, Inc.Money purchase plan

CARRIX, INC. RETIREMENT PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Carrix, Inc. reported $131,771 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,032 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 0.05% to 0.04%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 65th-largest of 1,714 plans among Washington employers on file, and the 97th of 2,677 in transportation & warehousing.

Plan summary
Net assets, end of year$362,163,266
Participants with balances1,538
Active participants1,597
Employer contributions$12,827,325
Employee contributions$0
Employer contribution per active participant$8,032
Average account balance$235,477
Benefits paid to participants$17,899,490
Plan auditUnmodified (clean) audit opinion
AuditorVWC, P.S.
Plan history3
Yearassets · accounts · employer contribution
2024$362.2M · 1,538 accts · $12.8M emplr
2023$327.6M · 1,400 accts · $12.6M emplr
2022$303.1M · 1,443 accts · $11.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,423
Total administrative$131,771
Employer contributions to the Carrix, Inc. plan · 2024
Employer contribution per active participant$8,032
Median for plans this size$4,294
2024$8,032 per active participant
2023$7,620 per active participant
2022$7,334 per active participant

Carrix, Inc.'s 2024 employer contribution ran above the $4,294 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
KESTRA ADVISORY SERVICES · Consulting · Investment advisory (participants)$68,348

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$131,771 · 0.04%
2023$164,400 · 0.05%
2022$156,440 · 0.05%
All plans at this employer3
CARRIX, INC. RETIREMENT PLANMoney purchase plan
CARRIX, INC. 401(K) PLAN FOR NON-UNION EMPLOYEES401(k)
CARRIX, INC. 401(K) PLAN FOR UNION EMPLOYEES401(k)
Same employer
Similar plansTransportation & Warehousing · Washington
Horizon Air Industries, Inc. WA$631.1M · 0.04%
Princess Cruise Lines, LTD. WA$352.6M · 0.08%
Aaa Washington WA$86.9M · 0.04%
Tidewater Barge Lines, Inc. WA$74.3M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911653735 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.