Plan Ledger DOL Form 5500 · updated monthly

Nutter Corporation401(k)

NUTTER RETIREMENT PLAN · VANCOUVER, WA · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Nutter Corporation reported $91,484 in plan administrative expenses for 2024: 0.68% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,462 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 0.60% to 0.68%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Washington (898th of 1,714), and the 2,607th of 5,337 in construction. In 2024, employees put in $1.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,805,926
Participants with balances310
Active participants200
Employer contributions$692,300
Employee contributions$818,206
Employer contribution per active participant$3,462
Average account balance$44,535
Benefits paid to participants$2,103,698
Plan auditUnmodified (clean) audit opinion
AuditorVERITY ACCOUNTANCY, PC
Plan history3
Yearassets · accounts · employer contribution
2024$13.8M · 310 accts · $692K emplr
2023$12.9M · 309 accts · $685K emplr
2022$11.1M · 295 accts · $680K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,695
Investment management$28,400
Total administrative$91,484
The Nutter Corporation 401(k) match · 2024
Employer contribution per active participant$3,462
Median for plans this size$2,416
2024$3,462 per active participant
2023$3,642 per active participant
2022$3,715 per active participant

Nutter Corporation'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
JOHN HANCOCK LIFE INSURANCE CO · Recordkeeping · Investment management$10,817
EDWARD D. JONES & CO., L.P. · Investment advisory (participants)$25,818
PENSION PLAN SPECIALISTS, PC · Accounting / audit · Pension consulting$16,389

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$91,484 · 0.68%
2023$81,750 · 0.68%
2022$83,061 · 0.60%
Same employer
Similar plansConstruction · Washington
Charter Construction, Inc. WA$14.2M · 0.16%
Dawson Construction, LLC WA$12.8M · 0.34%
Aa Asphalting, LLC WA$12.8M · 0.70%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 911570103 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.