Plan Ledger DOL Form 5500 · updated monthly

Louws Truss, Inc.401(k)

LOUWS TRUSS, INC 401(K) · FERNDALE, WA · plan year 2024

Reported admin expense ratio · 2024
0.96%

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

Louws Truss, Inc. reported $27,566 in plan administrative expenses for 2024: 0.96% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,765 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 0.96%. 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 (1,487th of 1,714), and 12,196th of 13,661 in manufacturing. In 2024, employees put in $1.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,141,429
Participants with balances97
Active participants112
Employer contributions$197,672
Employee contributions$338,715
Employer contribution per active participant$1,765
Average account balance$32,386
Benefits paid to participants$276,036
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.1M · 97 accts · $198K emplr
2023$2.6M · 126 accts · $196K emplr
2022$1.9M · 143 accts · $123K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,899
Investment management$16,667
Total administrative$27,566
The Louws Truss, Inc. 401(k) match · 2024
Employer contribution per active participant$1,765
Median for plans this size$1,313
2024$1,765 per active participant
2023$1,752 per active participant
2022$1,053 per active participant

Louws Truss, Inc.'s 2024 employer contribution ran above the $1,313 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
ASCENSUS LLC · Recordkeeping$10,899
FINANCIAL PLAN INC · Investment advisory (plan)$16,667

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$27,566 · 0.96%
2023$22,657 · 1.02%
2022$16,849 · 0.93%
Similar plansManufacturing · Washington
Orchard-Rite LTD Inc WA$3.4M · 0.10%
Aero Precision, LLC WA$3.4M · 1.35%
Svz USA Washington, Inc. WA$3.3M · 0.18%
Imaginetics LLC WA$3.2M · 1.17%
Brown & Haley WA$3.1M · 0.21%
Fruitsmart, Inc. WA$3.1M · 0.83%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911873505 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.