Plan Ledger DOL Form 5500 · updated monthly

Moses Lake Industries401(k)

MOSES LAKE INDUSTRIES 401K PLAN · MOSES LAKE, WA · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Moses Lake Industries reported $117,807 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $3,081 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 0.267%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 358th-largest of 1,714 plans among Washington employers on file, and the 3,234th of 13,661 in manufacturing. In 2024, employees put in $1.80 for every $1.00 the employer contributed; active participation has grown from 442 to 490 since 2022.

Plan summary
Net assets, end of year$48,341,527
Participants with balances544
Active participants490
Employer contributions$1,509,492
Employee contributions$2,719,821
Employer contribution per active participant$3,081
Average account balance$88,863
Benefits paid to participants$1,727,611
Plan auditUnmodified (clean) audit opinion
AuditorCORDELL, NEHER & COMPANY PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$48.3M · 544 accts · $1.5M emplr
2023$40.0M · 499 accts · $1.3M emplr
2022$33.1M · 484 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,779
Investment management$66,110
Trustee / custodial$9,918
Total administrative$117,807
The Moses Lake Industries 401(k) match · 2024
Employer contribution per active participant$3,081
Median for plans this size$2,416
2024$3,081 per active participant
2023$2,961 per active participant
2022$2,875 per active participant

Moses Lake Industries's 2024 employer contribution ran above 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 · 20243
RANDALL & HURLEY, INC. · Recordkeeping · Consulting$42,789
NORTHERN CAPITAL RETIREMENT SVC · Investment advisory (participants) · Investment advisory (plan)$66,110
CHARLES SCHWAB BANK · Custodial · Loan processing$9,918

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

Recordkeeper by year2
2024RANDALL & HURLEY, INC.
2023RANDALL & HURLEY, INC.

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Administrative cost history3
2024$117,807 · 0.27%
2023$105,614 · 0.29%
2022$95,527 · 0.27%
Same employer
Similar plansManufacturing · Washington
Unisea, Inc. WA$52.8M · 0.17%
Usnr, LLC WA$51.2M · 0.17%
Ascensus Specialties LLC WA$48.4M · 0.12%
Janicki Industries, Inc. WA$47.9M · 0.26%
Wellons Group, Inc. WA$47.8M · 0.15%
Westward Seafoods, Inc. WA$46.4M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911252522 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.