Plan Ledger DOL Form 5500 · updated monthly

Cochrane & Company, Inc.401(k)

COCHRANE & COMPANY 401(K) PLAN · SPOKANE, WA · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Cochrane & Company, Inc. reported $36,647 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $3,623 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 0.28% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 706th-largest of 1,714 plans among Washington employers on file, and 3,120th of 4,798 in finance & insurance. In 2024, employees put in $1.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,416,362
Participants with balances128
Active participants109
Employer contributions$394,856
Employee contributions$699,443
Employer contribution per active participant$3,623
Average account balance$151,690
Benefits paid to participants$1,062,255
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.4M · 128 accts · $395K emplr
2023$16.5M · 126 accts · $357K emplr
2022$12.7M · 122 accts · $332K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,705
Audit (IQPA)$16,590
Total administrative$36,647
The Cochrane & Company, Inc. 401(k) match · 2024
Employer contribution per active participant$3,623
Median for plans this size$2,416
2024$3,623 per active participant
2023$3,466 per active participant
2022$3,257 per active participant

Cochrane & Company, 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 · 20243
EIDE BAILLY LLP$16,590
HUNTER BENEFITS CONSULTING GROUP · Contract administrator$5,730
CAPITAL GROUP RETIREMENT PLAN SVCS$975

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$36,647 · 0.20%
2023$450 · 0.00%
2022$39,504 · 0.28%
Same employer
Similar plansFinance & Insurance · Washington
Seattle Bank WA$21.1M · 0.35%
First Fed Bank WA$20.6M · 0.49%
Axia Holdings, Inc. WA$20.3M · 0.01%
Verity Credit Union WA$18.7M · 0.29%
Salal Credit Union WA$18.6M · 0.10%
Wheatland Bank WA$17.9M · 0.00%
Seattle Metro. Credit Union WA$17.0M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911191102 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.