Plan Ledger DOL Form 5500 · updated monthly

Patriot Fire Protection, Inc.401(k)

PATRIOT FIRE PROTECTION, INC. 401(K) PLAN AND TRUST · TACOMA, WA · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Patriot Fire Protection, Inc. reported $110,430 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $3,498 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 0.32%. 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 the 443rd-largest of 1,714 plans among Washington employers on file, and the 1,311th of 5,337 in construction. In 2024, employees put in $2.16 for every $1.00 the employer contributed; active participation has grown from 124 to 154 since 2022.

Plan summary
Net assets, end of year$37,291,880
Participants with balances142
Active participants154
Employer contributions$538,688
Employee contributions$1,161,181
Employer contribution per active participant$3,498
Average account balance$262,619
Benefits paid to participants$1,093,495
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$37.3M · 142 accts · $539K emplr
2023$32.2M · 135 accts · $505K emplr
2022$26.8M · 121 accts · $447K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,094
Investment management$58,136
Total administrative$110,430
The Patriot Fire Protection, Inc. 401(k) match · 2024
Employer contribution per active participant$3,498
Median for plans this size$2,416
2024$3,498 per active participant
2023$3,555 per active participant
2022$3,607 per active participant

Patriot Fire Protection, Inc.'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 · 20242
LPL FINANCIAL LLC- RPCP · Investment advisory (participants)$58,136

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$110,430 · 0.32%
2023$96,005 · 0.33%
2022$89,329 · 0.30%
Same employer
Similar plansConstruction · Washington
Tapani, Inc. WA$47.6M · 0.58%
Cochran, Inc. WA$39.7M · 0.34%
Prime Group LLC WA$36.4M · 0.17%
Fisher Companies, Inc. WA$35.6M · 0.28%
Hermanson Company, LLP WA$34.4M · 0.15%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 911492898 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.