Plan Ledger DOL Form 5500 · updated monthly

Mid Columbia Forklift Inc401(k)

MID COLUMBIA FORKLIFT, INC. 401(K) PLAN · YAKIMA, 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

Mid Columbia Forklift Inc reported $1,980 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,657 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 rose from 0.01% to 0.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Washington (1,096th of 1,714), and 2,698th of 5,215 in retail trade. In 2024, employees put in $1.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,618,483
Participants with balances144
Active participants117
Employer contributions$310,910
Employee contributions$390,863
Employer contribution per active participant$2,657
Average account balance$66,795
Benefits paid to participants$1,757,691
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.6M · 144 accts · $311K emplr
2023$9.5M · 148 accts · $316K emplr
2022$7.8M · 135 accts · $251K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,950
Investment management$30
Total administrative$1,980
The Mid Columbia Forklift Inc 401(k) match · 2024
Employer contribution per active participant$2,657
Median for plans this size$1,313
2024$2,657 per active participant
2023$2,633 per active participant
2022$2,180 per active participant

Mid Columbia Forklift Inc's 2024 employer contribution ran above the $1,313 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.

Administrative cost history3
2024$1,980 · 0.02%
2023$413 · 0.00%
2022$647 · 0.01%
Same employer
Similar plansRetail Trade · Washington
Valmark, Inc. WA$10.3M · 0.22%
Northsound Auto Group LLC WA$10.1M · 0.78%
Evolucion Innovations, Inc. WA$10.0M · 0.48%
R N R Holiday Rv Inc. WA$9.7M · 0.72%
Grizzly Industrial, Inc. WA$8.7M · 0.39%
Sunset Chevrolet, Inc. WA$8.3M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911037728 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.