Plan Ledger DOL Form 5500 · updated monthly

Inland Tarp and Cover, Inc.401(k)

INLAND TARP AND COVER, INC. 401(K) PROFIT SHARING PLAN · MOSES LAKE, WA · plan year 2024

Reported admin expense ratio · 2024
0.79%

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

Inland Tarp and Cover, Inc. reported $62,116 in plan administrative expenses for 2024: 0.79% of average plan assets, above the peer median. Employer contributions averaged $3,200 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 0.72% to 0.79%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Washington (1,145th of 1,714), and 9,381st of 13,661 in manufacturing. In 2024, employees put in $1.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,633,678
Participants with balances149
Active participants98
Employer contributions$313,624
Employee contributions$494,011
Employer contribution per active participant$3,200
Average account balance$57,944
Benefits paid to participants$305,852
Plan auditUnmodified (clean) audit opinion
AuditorCORDELL, NEHER & COMPANY PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$8.6M · 149 accts · $314K emplr
2023$7.1M · 150 accts · $285K emplr
2022$5.4M · 154 accts · $269K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,283
Investment management$29,833
Total administrative$62,116
The Inland Tarp and Cover, Inc. 401(k) match · 2024
Employer contribution per active participant$3,200
Median for plans this size$1,313
2024$3,200 per active participant
2023$2,479 per active participant
2022$2,584 per active participant

Inland Tarp and Cover, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20243
JOHN HANCOCK USA · Recordkeeping$3,372
EDWARD D. JONES & CO., L.P · Investment advisory (participants)indirect comp
WILSHIRE ASSOCIATES INC · Investment advisory (participants)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$62,116 · 0.79%
2023$48,943 · 0.78%
2022$41,830 · 0.72%
Same employer
Similar plansManufacturing · Washington
Loud Audio, LLC WA$9.2M · 0.63%
Blaser Die Casting Co. WA$9.1M · 0.50%
Controltek, Inc. WA$9.1M · 0.85%
Cdr Manufacturing, LLC WA$9.0M · 0.63%
National Products, Inc. WA$8.6M · 0.90%
Asko Processing, Inc. WA$8.5M · 0.45%
E&E Foods, Inc. WA$8.2M · 0.61%
Kotis Design, LLC WA$8.0M · 0.28%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 911504975 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.