Plan Ledger DOL Form 5500 · updated monthly

Kirby Electric, Inc.401(k)

KIRBY ELECTRIC, INC. 401(K) SALARY REDUCTION PLAN & TRUST · AUBURN, WA · plan year 2022

Reported admin expense ratio · 2022
0.45%

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

Kirby Electric, Inc. reported $18,903 in plan administrative expenses for 2022: 0.45% of average plan assets, below the peer median. Employer contributions averaged $1,441 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Washington (1,420th of 1,714), and 4,217th of 5,337 in construction. In 2022, employees put in $3.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,042,115
Participants with balances158
Active participants120
Employer contributions$172,940
Employee contributions$530,536
Employer contribution per active participant$1,441
Average account balance$25,583
Benefits paid to participants$583,449
Plan auditDisclaimer of opinion
AuditorBPM LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $248K emplr
2022$4.0M · 158 accts · $173K emplr
Administrative expenses, itemized · 2022
Investment management$18,903
Total administrative$18,903
The Kirby Electric, Inc. 401(k) match · 2022
Employer contribution per active participant$1,441
Median for plans this size$1,114

Kirby Electric, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$18,903 · 0.45%
Same employer
Similar plansConstruction · Washington
Timberland, Inc. WA$4.3M · 0.71%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 911578508 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.