Plan Ledger DOL Form 5500 · updated monthly

Manson Construction Co.401(k)

MANSON CONSTRUCTION CO. NON-CRAFT RETIREMENT PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Manson Construction Co. reported $26,839 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,037 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 0.03% to 0.02%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 152nd-largest of 1,714 plans among Washington employers on file, and the 535th of 5,337 in construction. In 2024, employees put in $1.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$118,516,797
Participants with balances416
Active participants300
Employer contributions$2,411,080
Employee contributions$3,632,028
Employer contribution per active participant$8,037
Average account balance$284,896
Benefits paid to participants$15,167,581
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$118.5M · 416 accts · $2.4M emplr
2023$109.9M · 399 accts · $2.4M emplr
2022$97.8M · 407 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,839
Total administrative$26,839
The Manson Construction Co. 401(k) match · 2024
Employer contribution per active participant$8,037
Median for plans this size$3,635
2024$8,037 per active participant
2023$8,545 per active participant
2022$7,979 per active participant

Manson Construction Co.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$26,839

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$26,839 · 0.02%
2023$50,133 · 0.05%
2022$29,821 · 0.03%
All plans at this employer2
MANSON CONSTRUCTION CO. NON-UNION CRAFT 401(K) PLAN401(k)
MANSON CONSTRUCTION CO. NON-CRAFT RETIREMENT PLAN401(k)
Same employer
Similar plansConstruction · Washington
Goodfellow Bros., LLC. WA$126.0M · 0.11%
Gly Construction, Inc. WA$104.1M · 0.11%
Lakeside Industries Inc. WA$89.2M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910306160 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.