Plan Ledger DOL Form 5500 · updated monthly

Hinshaw401(k)

HINSHAWS, INC. PROFIT SHARING AND 401(K) PLAN · FIFE, WA · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Hinshaw reported $66,608 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $1,352 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 rose from 0.15% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 741st-largest of 1,714 plans among Washington employers on file, and the 1,596th of 5,215 in retail trade. In 2024, employees put in $3.75 for every $1.00 the employer contributed; active participation has grown from 114 to 155 since 2022.

Plan summary
Net assets, end of year$18,300,607
Participants with balances119
Active participants155
Employer contributions$209,490
Employee contributions$785,683
Employer contribution per active participant$1,352
Average account balance$153,787
Benefits paid to participants$819,686
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.3M · 119 accts · $209K emplr
2023$16.0M · 108 accts · $215K emplr
2022$13.1M · 108 accts · $242K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,637
Investment management$33,971
Total administrative$66,608
The Hinshaw 401(k) match · 2024
Employer contribution per active participant$1,352
Median for plans this size$2,416
2024$1,352 per active participant
2023$1,841 per active participant
2022$2,120 per active participant

Hinshaw's 2024 employer contribution ran below 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
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (plan)$33,971

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$66,608 · 0.39%
2023$64,360 · 0.44%
2022$20,957 · 0.15%
Same employer
Similar plansRetail Trade · Washington
Groundspeak, Inc. WA$20.6M · 0.37%
Kelley Connect Co. WA$19.8M · 0.36%
Tacoma Screw Products, Inc. WA$18.8M · 0.23%
Copiers Northwest, Inc. WA$17.3M · 0.52%
Pierre Enterprises, Inc. WA$16.9M · 0.57%
Spaldings, Inc. WA$16.6M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910918077 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.