Plan Ledger DOL Form 5500 · updated monthly

Cochran, Inc.401(k)

COCHRAN INC. 401(K) PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Cochran, Inc. reported $127,876 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $3,279 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 fell from 0.53% to 0.34%. 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 the 426th-largest of 1,714 plans among Washington employers on file, and the 1,243rd of 5,337 in construction. In 2024, employees put in $3.26 for every $1.00 the employer contributed; active participation has grown from 199 to 232 since 2022.

Plan summary
Net assets, end of year$39,654,173
Participants with balances290
Active participants232
Employer contributions$760,816
Employee contributions$2,481,427
Employer contribution per active participant$3,279
Average account balance$136,739
Benefits paid to participants$5,357,190
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$39.7M · 290 accts · $761K emplr
2023$36.1M · 275 accts · $791K emplr
2022$29.5M · 270 accts · $726K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,741
Investment management$38,355
Total administrative$127,876
The Cochran, Inc. 401(k) match · 2024
Employer contribution per active participant$3,279
Median for plans this size$2,416
2024$3,279 per active participant
2023$3,679 per active participant
2022$3,649 per active participant

Cochran, 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 · 20242
MERRILL LYNCH, PIERCE · Pension consulting · Investment advisory (plan)$91,960
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$30,891

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$127,876 · 0.34%
2023$95,709 · 0.29%
2022$172,132 · 0.53%
Similar plansConstruction · Washington
Tapani, Inc. WA$47.6M · 0.58%
Prime Group LLC WA$36.4M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910697301 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.