Plan Ledger DOL Form 5500 · updated monthly

Jrt Mechanical, Inc.401(k)

JRT MECHANICAL, INC. RETIREMENT SAVINGS PLAN · BATTLE GROUND, WA · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Jrt Mechanical, Inc. reported $96,407 in plan administrative expenses for 2024: 0.61% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,100 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 0.56% to 0.61%. 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 773rd-largest of 1,714 plans among Washington employers on file, and the 2,265th of 5,337 in construction. In 2024, employees put in $1.09 for every $1.00 the employer contributed; active participation has grown from 162 to 250 since 2022.

Plan summary
Net assets, end of year$17,060,584
Participants with balances236
Active participants250
Employer contributions$524,951
Employee contributions$571,701
Employer contribution per active participant$2,100
Average account balance$72,291
Benefits paid to participants$711,913
Plan auditUnmodified (clean) audit opinion
AuditorBARRETT & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$17.1M · 236 accts · $525K emplr
2023$14.8M · 231 accts · $737K emplr
2022$13.4M · 204 accts · $570K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,303
Investment management$60,630
Total administrative$96,407
The Jrt Mechanical, Inc. 401(k) match · 2024
Employer contribution per active participant$2,100
Median for plans this size$2,416
2024$2,100 per active participant
2023$3,942 per active participant
2022$3,518 per active participant

Jrt Mechanical, Inc.'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 · 20244
FIRST PACIFIC FINANCIAL, INC. · Investment advisory (plan)$54,471
PENSION PLAN SPECIALISTS · Contract administrator$18,315
EMPOWER ADVISORY GROUP · Investment management$6,159

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$96,407 · 0.61%
2023$81,697 · 0.58%
2022$83,775 · 0.56%
Same employer
Similar plansConstruction · Washington
Selland Construction, Inc. WA$17.6M · 0.38%
Sequoyah Electric, LLC WA$17.4M · 0.62%
Schuchart Corporation WA$17.3M · 0.35%
Tapani Plumbing, Inc. WA$15.8M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911621477 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.