Plan Ledger DOL Form 5500 · updated monthly

Christensen, Inc.401(k)

CHRISTENSEN, INC. 401(K) PLAN · RICHLAND, WA · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Christensen, Inc. reported $136,054 in plan administrative expenses for 2024: 0.68% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,560 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 0.22% to 0.68%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 653rd-largest of 1,714 plans among Washington employers on file, and the 1,786th of 4,246 in wholesale trade. In 2024, employees put in $2.19 for every $1.00 the employer contributed; active participation has shrunk from 486 to 404 since 2022.

Plan summary
Net assets, end of year$21,530,134
Participants with balances473
Active participants404
Employer contributions$1,034,165
Employee contributions$2,269,761
Employer contribution per active participant$2,560
Average account balance$45,518
Benefits paid to participants$2,733,572
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.5M · 473 accts · $1.0M emplr
2023$18.6M · 503 accts · $942K emplr
2022$14.2M · 482 accts · $838K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,655
Investment management$93,849
Audit (IQPA)$4,550
Total administrative$136,054
The Christensen, Inc. 401(k) match · 2024
Employer contribution per active participant$2,560
Median for plans this size$2,416
2024$2,560 per active participant
2023$1,891 per active participant
2022$1,724 per active participant

Christensen, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20245
MERCER INVESTMENTS, LLC · Consulting · Insurance services$89,683
CLIFTONLARSONALLEN, LLP · Accounting / audit$4,550
EMPOWER ADVISORY GROUP, LLC · Investment management$4,166

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$136,054 · 0.68%
2023$115,210 · 0.70%
2022$29,619 · 0.22%
Same employer
Similar plansWholesale Trade · Washington
Plymouth Poultry Company WA$22.5M · 0.17%
Wesco Group LLC WA$22.2M · 0.63%
Ring & Pinion Service Inc. WA$19.4M · 0.92%
Oxarc, Inc. WA$17.9M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911107733 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.