Plan Ledger DOL Form 5500 · updated monthly

Imco General Construction401(k)

IMCO GENERAL CONSTRUCTION DAVIS-BACON 401K PLAN · FERNDALE, WA · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Imco General Construction reported $64,793 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $5,275 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 3 years on file its reported administrative ratio has held roughly steady near 0.30%. 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 650th-largest of 1,714 plans among Washington employers on file, and the 1,911th of 5,337 in construction. In 2024, employees put in $1.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,725,200
Participants with balances298
Active participants213
Employer contributions$1,123,585
Employee contributions$1,262,616
Employer contribution per active participant$5,275
Average account balance$72,903
Benefits paid to participants$4,135,048
Plan auditUnmodified (clean) audit opinion
AuditorCHRIS T. BENNETT, CPA
Plan history3
Yearassets · accounts · employer contribution
2024$21.7M · 298 accts · $1.1M emplr
2023$20.8M · 272 accts · $1.1M emplr
2022$17.5M · 298 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,051
Investment management$31,742
Total administrative$64,793
The Imco General Construction 401(k) match · 2024
Employer contribution per active participant$5,275
Median for plans this size$2,416
2024$5,275 per active participant
2023$6,305 per active participant
2022$6,151 per active participant

Imco General Construction's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$23,724
LPL FINANCIAL CORPORATION · Investment advisory (participants)$31,742

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$64,793 · 0.30%
2023$9,494 · 0.05%
2022$56,702 · 0.29%
Same employer
Similar plansConstruction · Washington
Rotschy, Inc. WA$25.1M · 0.68%
Quigg Bros., Inc. WA$25.1M · 0.27%
Holaday-Parks, Inc. WA$21.2M · 0.03%
Stellar J. Corporation WA$19.7M · 0.54%
Andgar Corporation WA$19.2M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911066865 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.