Plan Ledger DOL Form 5500 · updated monthly

Charter Construction Transition Company, Inc.ESOP

CHARTER CONSTRUCTION, INC. EMPLOYEE STOCK OWNERSHIP PLAN · KENMORE, WA · plan year 2023

Reported admin expense ratio · 2023
0.26%

Charter Construction Transition Company, Inc. reported $38,263 in plan administrative expenses for 2023: 0.26% 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.

Across the 1 year on file its reported administrative ratio fell from 0.26% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other construction employers. By assets it is the 831st-largest of 1,714 plans among Washington employers on file, and the 2,418th of 5,337 in construction.

Plan summary
Net assets, end of year$15,431,427
Participants with balances302
Active participants135
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$51,097
Benefits paid to participants$3,046
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$8.5M · 294 accts
2023$15.4M · 302 accts
Administrative expenses, itemized · 2023
Investment management$26,263
Total administrative$38,263
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 · 20232
UBS · Investment management$26,262
URBACH LAW GROUP · Trustee (discretionary)$12,000

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

Administrative cost history2
2024$25,301 · 0.21%
2023$38,263 · 0.26%
Similar plansConstruction · Washington
Tapani Plumbing, Inc. WA$15.8M · 0.60%
Aks Industries, Inc. WA$15.0M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 874112890 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.