Plan Ledger DOL Form 5500 · updated monthly

Dawson Construction, LLC401(k)

DAWSON CONSTRUCTION, LLC RETIREMENT PLAN · BELLINGHAM, WA · plan year 2023

Reported admin expense ratio · 2023
0.34%

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

Dawson Construction, LLC reported $38,521 in plan administrative expenses for 2023: 0.34% of average plan assets, above the peer median. Employer contributions averaged $1,126 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 0.36% to 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Washington (932nd of 1,714), and 2,712th of 5,337 in construction. In 2023, employees put in $5.24 for every $1.00 the employer contributed; active participation has grown from 214 to 240 since 2022.

Plan summary
Net assets, end of year$12,779,634
Participants with balances127
Active participants240
Employer contributions$270,257
Employee contributions$1,415,644
Employer contribution per active participant$1,126
Average account balance$100,627
Benefits paid to participants$119,987
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$12.7M · 190 accts · $318K emplr
2023$12.8M · 127 accts · $270K emplr
2022$9.7M · 121 accts · $242K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$38,521
Total administrative$38,521
The Dawson Construction, LLC 401(k) match · 2023
Employer contribution per active participant$1,126
Median for plans this size$2,440
2024$1,304 per active participant
2023$1,126 per active participant
2022$1,132 per active participant

Dawson Construction, LLC's 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
THE STANDARD · Custodial (securities) · Claims processing$12,376
HUNNEX AND SHOEMAKER INC. · Recordkeeping · Investment advisory (plan)indirect comp
ALERA INVESTMENT ADVISORS, LLC · Investment advisory (plan)$26,142

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

Recordkeeper by year2
2024HUNNEX AND SHOEMAKER INC., The Standard
2023HUNNEX AND SHOEMAKER INC., The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$48,462 · 0.38%
2023$38,521 · 0.34%
2022$36,252 · 0.36%
Similar plansConstruction · Washington
Nutter Corporation WA$13.8M · 0.68%
Aa Asphalting, LLC WA$12.8M · 0.70%
Jas Design-Build Inc WA$12.1M · 0.09%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 911857107 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.