Plan Ledger DOL Form 5500 · updated monthly

Mackin & Son Automotive, Inc.401(k)

MACKIN & SON AUTOMOTIVE, INC. PROFIT SHARING PLAN · VANCOUVER, WA · plan year 2024

Reported admin expense ratio · 2024
0.85%

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

Mackin & Son Automotive, Inc. reported $37,899 in plan administrative expenses for 2024: 0.85% of average plan assets, higher than ~75% of peers. Employer contributions averaged $478 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 0.85%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Washington (1,360th of 1,714), and 2,326th of 3,341 in other services. In 2024, employees put in $8.60 for every $1.00 the employer contributed; active participation has grown from 92 to 128 since 2022.

Plan summary
Net assets, end of year$4,822,754
Participants with balances155
Active participants128
Employer contributions$61,120
Employee contributions$525,367
Employer contribution per active participant$478
Average account balance$31,115
Benefits paid to participants$415,977
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.8M · 155 accts · $61K emplr
2023$4.1M · 137 accts · $54K emplr
2022$3.1M · 119 accts · $45K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,667
Investment management$13,232
Total administrative$37,899
The Mackin & Son Automotive, Inc. 401(k) match · 2024
Employer contribution per active participant$478
Median for plans this size$1,313
2024$478 per active participant
2023$471 per active participant
2022$486 per active participant

Mackin & Son Automotive, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20242
ADP, INC. · Loan processing · Recordkeeping$24,666
PINNACLE WEALTH ADVISORS · Recordkeeping · Trustee$13,231

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

Recordkeeper by year2
2024ADP, PINNACLE WEALTH ADVISORS
2023ADP, PINNACLE WEALTH ADVISORS

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

Administrative cost history3
2024$37,899 · 0.85%
2023$31,193 · 0.86%
2022$28,333 · 0.88%
Similar plansOther Services · Washington
El Centro de la Raza WA$5.4M · 0.20%
Friends of Youth WA$5.1M · 0.94%
Rla Engineering, LLC WA$4.5M · 1.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930661919 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.