Plan Ledger DOL Form 5500 · updated monthly

Commencement Bay Corrugated, Inc.401(k)

COMMENCEMENT BAY CORRUGATED, INC. UNION 401(K) PLAN · ORTING, WA · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Commencement Bay Corrugated, Inc. reported $45,993 in plan administrative expenses for 2024: 0.70% of average plan assets, above the peer median. Employer contributions averaged $3,560 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 fell from 0.91% to 0.70%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Washington (1,210th of 1,714), and 9,982nd of 13,661 in manufacturing. In 2024, employees put in $1.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,343,818
Participants with balances148
Active participants132
Employer contributions$469,944
Employee contributions$627,941
Employer contribution per active participant$3,560
Average account balance$49,620
Benefits paid to participants$274,158
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.3M · 148 accts · $470K emplr
2023$5.8M · 147 accts · $446K emplr
2022$4.4M · 143 accts · $435K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,915
Investment management$21,078
Total administrative$45,993
The Commencement Bay Corrugated, Inc. 401(k) match · 2024
Employer contribution per active participant$3,560
Median for plans this size$1,313
2024$3,560 per active participant
2023$3,459 per active participant
2022$3,398 per active participant

Commencement Bay Corrugated, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. 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
SPECTRUM PENSION CONSULTANTS, INC. · Accounting / audit · Claims processing$24,915
GARDE CAPITAL · Investment advisory (participants) · Investment advisory (plan)$21,078

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

Recordkeeper by year2
2024SPECTRUM PENSION CONSULTANTS, INC.
2023SPECTRUM PENSION CONSULTANTS, INC.

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Administrative cost history3
2024$45,993 · 0.70%
2023$44,245 · 0.87%
2022$40,695 · 0.91%
Same employer
Similar plansManufacturing · Washington
Altek, Inc. WA$7.6M · 0.67%
J.D. Ott Co., Inc WA$7.6M · 0.57%
Kanaway Seafoods, Inc. WA$7.4M · 0.07%
Commerce Fabric Inc. WA$7.2M · 0.44%
Usac Wa LLC WA$7.2M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911110658 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.