Plan Ledger DOL Form 5500 · updated monthly

Krekow Jennings, Inc.401(k)

KREKOW JENNINGS, INC. RETIREMENT PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Krekow Jennings, Inc. reported $52,117 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $2,329 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 fell from 0.52% to 0.31%. 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 750th-largest of 1,714 plans among Washington employers on file, and the 2,187th of 5,337 in construction. In 2024, employees put in $4.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,865,454
Participants with balances157
Active participants107
Employer contributions$249,233
Employee contributions$1,081,338
Employer contribution per active participant$2,329
Average account balance$113,793
Benefits paid to participants$1,157,100
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.9M · 157 accts · $249K emplr
2023$15.9M · 148 accts · $239K emplr
2022$13.2M · 169 accts · $245K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,317
Investment management$20,800
Total administrative$52,117
The Krekow Jennings, Inc. 401(k) match · 2024
Employer contribution per active participant$2,329
Median for plans this size$2,416
2024$2,329 per active participant
2023$2,816 per active participant
2022$2,315 per active participant

Krekow Jennings, 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$31,317
HIGHLAND CAPITAL ADVISORS · Investment advisory (plan)$20,800

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$52,117 · 0.31%
2023$47,865 · 0.33%
2022$77,375 · 0.52%
Similar plansConstruction · Washington
Selland Construction, Inc. WA$17.6M · 0.38%
Sequoyah Electric, LLC WA$17.4M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911026296 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.