Plan Ledger DOL Form 5500 · updated monthly

Gordon Thomas Honeywell, LLP401(k)

GORDON, THOMAS, HONEYWELL, LLP 401(K) PROFIT SHARING PLAN · TACOMA, WA · plan year 2023

Reported admin expense ratio · 2023
0.05%

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

Gordon Thomas Honeywell, LLP reported $20,375 in plan administrative expenses for 2023: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $16,390 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 has held roughly steady near 0.054%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 417th-largest of 1,714 plans among Washington employers on file, and the 3,271st of 11,654 in professional & technical services. In 2023, the employer put in $1.74 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$40,455,237
Participants with balances97
Active participants36
Employer contributions$590,045
Employee contributions$338,670
Employer contribution per active participant$16,390
Average account balance$417,064
Benefits paid to participants$1,552,921
Plan auditUnmodified (clean) audit opinion
AuditorDWYER PEMBERTON & COULSON, PC
Plan history2
Yearassets · accounts · employer contribution
2023$40.5M · 97 accts · $590K emplr
2022$34.9M · 102 accts · $637K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$6,075
Audit (IQPA)$14,300
Total administrative$20,375
The Gordon Thomas Honeywell, LLP 401(k) match · 2023
Employer contribution per active participant$16,390
Median for plans this size$2,440
2023$16,390 per active participant
2022$18,736 per active participant

Gordon Thomas Honeywell, LLP's 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top quarter of its peers. 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 · 20232
DWYER PEMBERTON & COULSON PC · Accounting / audit$14,300
NORTHWEST RET PLAN CONSULTANTS LLC · Contract administrator$4,375

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$20,375 · 0.05%
2022$20,731 · 0.05%
Similar plansProfessional & Technical Services · Washington
Sana Biotechnology, Inc. WA$43.3M · 0.02%
Hargis Engineers, Inc. WA$43.2M · 0.16%
Rover Group, Inc. WA$40.3M · 0.03%
Porch WA$37.9M · 0.37%
Cowi North America, Inc. WA$36.8M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910861866 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.