Plan Ledger DOL Form 5500 · updated monthly

Exxel Pacific, Inc.401(k)

EXXEL PACIFIC, INC. BENEFIT PLAN · BELLINGHAM, WA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Exxel Pacific, Inc. reported $58,990 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $3,158 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 fell from 0.26% to 0.19%. 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 503rd-largest of 1,714 plans among Washington employers on file, and the 1,480th of 5,337 in construction. In 2024, employees put in $4.42 for every $1.00 the employer contributed; active participation has shrunk from 179 to 150 since 2022.

Plan summary
Net assets, end of year$31,493,327
Participants with balances171
Active participants150
Employer contributions$473,652
Employee contributions$2,091,552
Employer contribution per active participant$3,158
Average account balance$184,172
Benefits paid to participants$4,252,318
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$31.5M · 171 accts · $474K emplr
2023$29.2M · 177 accts · $725K emplr
2022$22.6M · 187 accts · $665K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,990
Investment management$45,000
Total administrative$58,990
The Exxel Pacific, Inc. 401(k) match · 2024
Employer contribution per active participant$3,158
Median for plans this size$2,416
2024$3,158 per active participant
2023$4,342 per active participant
2022$3,716 per active participant

Exxel Pacific, 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 · 20243
CAMBRIDGE INVESTMENT GROUP · Investment advisory (plan)$22,500
CAMBRIDGE INVESTMENT RESEARCH INC · Investment advisory (plan)$22,500
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$13,990

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$58,990 · 0.19%
2023$57,906 · 0.22%
2022$62,813 · 0.26%
All plans at this employer2
EXXEL PACIFIC, INC. BENEFIT PLAN401(k)
EXXEL PACIFIC, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansConstruction · Washington
Hermanson Company, LLP WA$34.4M · 0.15%
Dowbuilt, Inc. WA$33.8M · 0.29%
Abbott Construction LLC WA$33.2M · 0.36%
Naes Corporation WA$31.4M · 0.10%
Northwest Cascade, Inc. WA$30.9M · 0.28%
Bayley Construction WA$27.9M · 0.31%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 911443056 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.