Plan Ledger DOL Form 5500 · updated monthly

Cowles Company401(k)

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

Reported admin expense ratio · 2024
0.24%

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

Cowles Company reported $169,678 in plan administrative expenses for 2024: 0.24% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,668 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 0.24%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 230th-largest of 1,714 plans among Washington employers on file, and the 382nd of 2,199 in information & media. In 2024, employees put in $1.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$76,608,327
Participants with balances898
Active participants652
Employer contributions$1,739,443
Employee contributions$2,829,953
Employer contribution per active participant$2,668
Average account balance$85,310
Benefits paid to participants$7,416,561
Plan auditUnmodified (clean) audit opinion
AuditorDECORIA BLAIR & TEAGUE PS
Plan history3
Yearassets · accounts · employer contribution
2024$76.6M · 898 accts · $1.7M emplr
2023$66.4M · 952 accts · $1.6M emplr
2022$62.5M · 906 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$106,131
Investment management$63,547
Total administrative$169,678
The Cowles Company 401(k) match · 2024
Employer contribution per active participant$2,668
Median for plans this size$3,635
2024$2,668 per active participant
2023$2,392 per active participant
2022$2,537 per active participant

Cowles Company's 2024 employer contribution ran below the $3,635 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$106,131
D A DAVIDSON & CO INC · Investment advisory (plan)$63,547
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$169,678 · 0.24%
2023$145,546 · 0.23%
2022$152,293 · 0.22%
Same employer
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Nc Interactive, LLC WA$69.4M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910420030 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.