Plan Ledger DOL Form 5500 · updated monthly

General Sheet Metal Works, Inc.401(k)

GENERAL SHEET METAL WORKS, INC. RETIREMENT PLANS · CLACKAMAS, OR · plan year 2022

Reported admin expense ratio · 2022
0.52%

General Sheet Metal Works, Inc. reported $54,784 in plan administrative expenses for 2022: 0.52% of average plan assets, higher than ~75% of peers. 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Oregon (605th of 1,021), and 3,300th of 5,337 in construction.

Plan summary
Net assets, end of year$8,616,754
Participants with balances81
Active participants104
Employer contributions—
Employee contributions$473,939
Employer contribution per active participant—
Average account balance$106,380
Benefits paid to participants$313,034
Plan auditUnmodified (clean) audit opinion
AuditorALDRICH CPAS & ADVISORS, LLP
Administrative expenses, itemized · 2022
Investment management$54,784
Total administrative$54,784
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$54,784 · 0.52%
All plans at this employer2
GENERAL SHEET METAL WORKS, INC. RETIREMENT PLANS401(k)
GENERAL SHEET METAL EMPLOYEE STOCK OWNERSHIP PLANESOP
Similar plansConstruction · Oregon
Perfect Air Holdco LLC OR$9.3M · 0.55%
Coffman Excavation Inc. OR$8.5M · 0.72%
Taylor Metal, Inc. OR$7.7M · 0.08%
Lmc, Inc. OR$7.6M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930611584 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.