Plan Ledger DOL Form 5500 · updated monthly

Dowbuilt, Inc.401(k)

DOWBUILT, INC. 401(K) PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Dowbuilt, Inc. reported $87,713 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $3,085 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 3 years on file its reported administrative ratio has held roughly steady near 0.29%. 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 the 481st-largest of 1,714 plans among Washington employers on file, and the 1,409th of 5,337 in construction. In 2024, employees put in $2.41 for every $1.00 the employer contributed; active participation has grown from 346 to 420 since 2022.

Plan summary
Net assets, end of year$33,817,799
Participants with balances553
Active participants420
Employer contributions$1,295,763
Employee contributions$3,122,986
Employer contribution per active participant$3,085
Average account balance$61,153
Benefits paid to participants$2,667,347
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$33.8M · 553 accts · $1.3M emplr
2023$26.5M · 498 accts · $1.1M emplr
2022$20.0M · 435 accts · $837K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,484
Investment management$64,229
Total administrative$87,713
The Dowbuilt, Inc. 401(k) match · 2024
Employer contribution per active participant$3,085
Median for plans this size$2,416
2024$3,085 per active participant
2023$2,675 per active participant
2022$2,420 per active participant

Dowbuilt, 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 · 20242
NWPS, INC. · Recordkeeping · Consulting$23,483
RBC WEALTH MANAGEMENT · Investment advisory (participants) · Investment advisory (plan)$64,229

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

Recordkeeper by year2
2024NWPS
2023NWPS

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

Administrative cost history3
2024$87,713 · 0.29%
2023$74,427 · 0.32%
2022$62,405 · 0.30%
Same employer
Similar plansConstruction · Washington
Prime Group LLC WA$36.4M · 0.17%
Fisher Companies, Inc. WA$35.6M · 0.28%
Hermanson Company, LLP WA$34.4M · 0.15%
Abbott Construction LLC WA$33.2M · 0.36%
Exxel Pacific, Inc. WA$31.5M · 0.19%
Naes Corporation WA$31.4M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 830402332 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.