Plan Ledger DOL Form 5500 · updated monthly

Devco Management Company, LLC401(k)

DEVCO RESIDENTIAL GROUP 401(K) PLAN · BELLEVUE, WA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Devco Management Company, LLC reported $7,316 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,964 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 1 year on file its reported administrative ratio fell from 0.09% to 0.06%. 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 among the smaller plans on file in Washington (923rd of 1,714), and 2,693rd of 5,337 in construction. In 2024, employees put in $1.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,944,344
Participants with balances253
Active participants374
Employer contributions$734,366
Employee contributions$1,325,937
Employer contribution per active participant$1,964
Average account balance$51,163
Benefits paid to participants$1,377,432
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$12.9M · 253 accts · $734K emplr
2023$10.4M · 233 accts · $718K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,316
Total administrative$7,316
The Devco Management Company, LLC 401(k) match · 2024
Employer contribution per active participant$1,964
Median for plans this size$2,416
2024$1,964 per active participant
2023$2,058 per active participant

Devco Management Company, LLC's 2024 employer contribution ran below 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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$7,316

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history2
2024$7,316 · 0.06%
2023$6,550 · 0.09%
Same employer
Similar plansConstruction · Washington
Charter Construction, Inc. WA$14.2M · 0.16%
Nutter Corporation WA$13.8M · 0.68%
Dawson Construction, LLC WA$12.8M · 0.34%
Aa Asphalting, LLC WA$12.8M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 871459724 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.