What are the fees in the Charter Construction, Inc. ESOP plan?

For plan year 2022, Charter Construction, Inc. reported $32,111 in plan administrative expenses, or 0.16% of average plan assets — below the peer median. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Charter Construction, Inc. 401(k)?

The average participant account balance was $50,988 for plan year 2022, based on 279 accounts.

Charter Construction, Inc.ESOP

Name: Charter Construction, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

CHARTER CONSTRUCTION, INC. EMPLOYEE STOCK OWNERSHIP PLAN · SEATTLE, WA · plan year 2022

Reported admin expense ratio · 2022

0.16%

Charter Construction, Inc. reported $32,111 in plan administrative expenses for 2022: 0.16% of average plan assets, below the peer median. 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Washington (879th of 1,714), and the 2,554th of 5,337 in construction.

Plan summary
Net assets, end of year$14,225,731
Participants with balances279
Active participants211
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$50,988
Benefits paid to participants$11,688,860
Plan auditUnmodified (clean) audit opinion
AuditorMOSS ADAMS LLP

Administrative expenses, itemized · 2022

Investment management$32,111

Total administrative$32,111

What these fees cost you

Your balance

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1

2022$32,111 · 0.16%

All plans at this employer2

CHARTER CONSTRUCTION, INC. 401(K) RETIREMENT SAVINGS PLAN401(k)

CHARTER CONSTRUCTION, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP

Similar plansConstruction · Washington
Bot - Roofers Loc. No 54 Supplemental Benefit Plan WA$15.1M · 0.77%
Aks Industries, Inc. WA$15.0M · 0.66%
Universal Land Construction Company WA$15.0M · 0.30%
Nelson & Sons Construction Co, Inc. WA$14.7M · 0.31%
Board of Trustees of Painters and Allied Trade L 1959 Retirement Pl WA$14.1M · 1.11%
Nutter Corporation WA$13.8M · 0.68%
Western Refinery Services, Inc. WA$13.1M · 0.55%
Devco Management Company, LLC WA$12.9M · 0.06%

Why are you looking at this plan?

Compare
401(k) plans in Washington
Worked here before? Find your old 401(k)
401(k) plans in Construction
Plans of similar size
Fee benchmarks by plan size

Source: U.S. Department of Labor, Form 5500 series, EIN 911204656 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.