Plan Ledger DOL Form 5500 · updated monthly

Cascade Gasket & Manufacturing Co., Inc.401(k)

CASCADE GASKET & MANUFACTURING CO., INC. 401(K) PLAN · AUBURN, WA · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Cascade Gasket & Manufacturing Co., Inc. reported $23,246 in plan administrative expenses for 2024: 0.53% of average plan assets, below the peer median. Employer contributions averaged $1,275 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 0.24% to 0.53%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Washington (1,358th of 1,714), and 11,282nd of 13,661 in manufacturing. In 2024, employees put in $1.97 for every $1.00 the employer contributed; active participation has grown from 112 to 175 since 2022.

Plan summary
Net assets, end of year$4,850,861
Participants with balances104
Active participants175
Employer contributions$223,063
Employee contributions$438,644
Employer contribution per active participant$1,275
Average account balance$46,643
Benefits paid to participants$517,576
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.9M · 104 accts · $223K emplr
2023$4.0M · 111 accts · $180K emplr
2022$3.9M · 112 accts · $175K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,246
Total administrative$23,246
The Cascade Gasket & Manufacturing Co., Inc. 401(k) match · 2024
Employer contribution per active participant$1,275
Median for plans this size$1,313
2024$1,275 per active participant
2023$1,619 per active participant
2022$1,565 per active participant

Cascade Gasket & Manufacturing Co., Inc.'s 2024 employer contribution ran below the $1,313 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 · 20242
USI CONSULTING GROUP INC · Other services$22,098
VOYA RIAC · Investment advisory (plan)indirect comp

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$23,246 · 0.53%
2023$10,345 · 0.26%
2022$9,629 · 0.24%
Same employer
Similar plansManufacturing · Washington
Bornstein Seafoods, Inc. WA$5.1M · 0.07%
Trimlite, LLC WA$4.6M · 0.80%
Mervin Manufacturing Inc WA$4.6M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910520259 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.