Plan Ledger DOL Form 5500 · updated monthly

Edge Construction Supply401(k)

EDGE CONSTRUCTION SUPPLY, INC. PROFIT SHARING PLAN & TRUST · SPOKANE, WA · plan year 2023

Reported admin expense ratio · 2023
0.51%

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

Edge Construction Supply reported $34,412 in plan administrative expenses for 2023: 0.51% of average plan assets, above the peer median. Employer contributions averaged $1,085 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 1 year on file its reported administrative ratio fell from 0.54% to 0.51%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Washington (1,216th of 1,714), and 3,216th of 5,215 in retail trade. In 2023, employees put in $2.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,233,299
Participants with balances98
Active participants96
Employer contributions$104,122
Employee contributions$304,500
Employer contribution per active participant$1,085
Average account balance$73,809
Benefits paid to participants$717,282
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$7.2M · 98 accts · $104K emplr
2022$6.3M · 105 accts · $203K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$17,600
Investment management$16,812
Total administrative$34,412
The Edge Construction Supply 401(k) match · 2023
Employer contribution per active participant$1,085
Median for plans this size$1,308
2023$1,085 per active participant
2022$2,449 per active participant

Edge Construction Supply's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
JOHN HANCOCK · Recordkeeping$16,275
LPL FINANCIAL LLC - RPCP · Investment advisory (participants)$16,812
RANDALL & HURLEY · Consulting$1,325

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

Administrative cost history2
2023$34,412 · 0.51%
2022$39,570 · 0.54%
Similar plansRetail Trade · Washington
Vancouver Ford, Inc. WA$7.2M · 0.03%
Sound Ford, Inc WA$7.0M · 1.02%
Evergreen Ford WA$6.9M · 0.67%
Rodland Motor Company WA$6.6M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910547607 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.