Plan Ledger DOL Form 5500 · updated monthly

Paintmakers Pension Trust Fund Board of TrusteesMoney purchase plan

PAINTMAKERS MONEY ACCUMULATION PENSION PLAN B · BOTHELL, WA · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Paintmakers Pension Trust Fund Board of Trustees reported $190,015 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,996 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 0.43% to 0.48%. 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 425th-largest of 1,714 plans among Washington employers on file, and the 3,705th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$39,668,239
Participants with balances1,748
Active participants311
Employer contributions$931,727
Employee contributions—
Employer contribution per active participant$2,996
Average account balance$22,694
Benefits paid to participants$1,608,491
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$39.7M · 1,748 accts · $932K emplr
2023$38.9M · 1,704 accts · $865K emplr
2022$36.7M · 1,696 accts · $978K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,967
Investment management$96,721
Audit (IQPA)$14,940
Trustee / custodial$7,064
Total administrative$190,015
Employer contributions to the Paintmakers Pension Trust Fund Board of Trustees plan · 2024
Employer contribution per active participant$2,996
Median for plans this size$2,416
2024$2,996 per active participant
2023$3,025 per active participant
2022$2,834 per active participant

Paintmakers Pension Trust Fund Board of Trustees'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 · 20246
ZENITH AMERICAN SOLUTIONS INC · Contract administrator$39,967
LOOMIS SAYLES TRUST COMPANY$28,328
SENTINEL REAL ESTATE CORPORATION$26,342
WASHINGTON CAPITAL MANAGEMENT, INC.$26,106
PLATFORM CPA'S LLP · Accounting / audit$14,940
HIGHLAND CAPITAL ADVISORS, LLC · Investment advisory (plan)$14,228

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$190,015 · 0.48%
2023$170,573 · 0.45%
2022$165,159 · 0.43%
Similar plansManufacturing · Washington
Direct Connect Group, LLC WA$43.7M · 0.31%
Romac Industries, Inc. WA$43.5M · 0.10%
Meteorcomm LLC WA$39.6M · 0.04%
Hardel Mutual Plywood Corp. WA$39.1M · 0.01%
Lynden Door, Inc. WA$38.7M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 936074503 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.