Plan Ledger DOL Form 5500 · updated monthly

Central Washington Asphalt, Inc.401(k)

THE CONTRACTORS RETIREMENT PLAN · MOSES LAKE, WA · plan year 2024

Reported admin expense ratio · 2024
0.71%

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

Central Washington Asphalt, Inc. reported $81,754 in plan administrative expenses for 2024: 0.71% of average plan assets, higher than ~90% of peers. Employer contributions averaged $5,742 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 0.15% to 0.71%. 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 among the smaller plans on file in Washington (942nd of 1,714), and 2,726th of 5,337 in construction. In 2024, the employer put in $1.50 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$12,651,762
Participants with balances496
Active participants335
Employer contributions$1,923,581
Employee contributions$1,278,281
Employer contribution per active participant$5,742
Average account balance$25,508
Benefits paid to participants$2,166,360
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.7M · 496 accts · $1.9M emplr
2023$10.5M · 405 accts · $2.5M emplr
2022$8.6M · 334 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$81,754
Total administrative$81,754
The Central Washington Asphalt, Inc. 401(k) match · 2024
Employer contribution per active participant$5,742
Median for plans this size$2,416
2024$5,742 per active participant
2023$7,023 per active participant
2022$5,451 per active participant

Central Washington Asphalt, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20245
FIDELITY INVESTMENTS INST OPS CO. · Loan processing$37,129
NORTHWESTERN MUTUAL WEALTH MGMT CO. · Investment advisory (plan)$24,610
CLIFTONLARSONALLEN LLP · Accounting / audit$14,875
ECONOMIC GROUP PENSION SERVICES · Accounting / audit$2,948
STRATEGIC ADVISORS INC. · Investment advisory (plan)$2,193

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$81,754 · 0.71%
2023$66,355 · 0.70%
2022$14,000 · 0.15%
Same employer
Similar plansConstruction · Washington
Dawson Construction, LLC WA$12.8M · 0.34%
Aa Asphalting, LLC WA$12.8M · 0.70%
Jas Design-Build Inc WA$12.1M · 0.09%
Faber Construction, Inc. WA$11.6M · 0.74%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 911178142 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.