Plan Ledger DOL Form 5500 · updated monthly

Pacific Commercial Equipment, Inc.Profit-sharing plan

PACIFIC COMMERCIAL EQUIPMENT, INC. PROFIT SHARING PLAN · SNOHOMISH, WA · plan year 2022

Reported admin expense ratio · 2022
1.13%

Pacific Commercial Equipment, Inc. reported $23,707 in plan administrative expenses for 2022: 1.13% of average plan assets, higher than ~90% of peers. 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 1.13% to 1.56%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Washington (1,563rd of 1,714), and 4,807th of 5,337 in construction.

Plan summary
Net assets, end of year$2,069,690
Participants with balances186
Active participants76
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$11,127
Benefits paid to participants$114,755
Plan auditUnmodified (clean) audit opinion
AuditorPAULSEN MEGAARD & CO., PS
Plan history3
Yearassets · accounts · employer contribution
2024$1.9M · 172 accts
2023$2.0M · 180 accts
2022$2.1M · 186 accts
Administrative expenses, itemized · 2022
Professional / advisory$23,707
Total administrative$23,707
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$29,985 · 1.56%
2023$25,956 · 1.29%
2022$23,707 · 1.13%
All plans at this employer2
PACIFIC COMMERCIAL EQUIPMENT, INC. PROFIT SHARING PLANProfit-sharing plan
PACIFIC COMMERCIAL EQUIPMENT, INC. 401(K) PLAN401(k)
Similar plansConstruction · Washington
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Source: U.S. Department of Labor, Form 5500 series, EIN 910890645 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.