Plan Ledger DOL Form 5500 · updated monthly

Puget Sound Pipe & Supply Co., Inc.401(k)

PUGET SOUND PIPE & SUPPLY CO., INC. RETIREMENT PLAN · KENT, WA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Puget Sound Pipe & Supply Co., Inc. reported $8,178 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $646 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 fell from 0.06% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 755th-largest of 1,714 plans among Washington employers on file, and the 2,102nd of 4,246 in wholesale trade. In 2024, employees put in $9.70 for every $1.00 the employer contributed; active participation has grown from 148 to 164 since 2022.

Plan summary
Net assets, end of year$17,655,736
Participants with balances181
Active participants164
Employer contributions$105,927
Employee contributions$1,027,225
Employer contribution per active participant$646
Average account balance$97,546
Benefits paid to participants$1,429,774
Plan auditUnmodified (clean) audit opinion
AuditorSHANNON & ASSOCIATES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$17.7M · 181 accts · $106K emplr
2023$16.0M · 174 accts · $97K emplr
2022$13.4M · 158 accts · $83K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,178
Total administrative$8,178
The Puget Sound Pipe & Supply Co., Inc. 401(k) match · 2024
Employer contribution per active participant$646
Median for plans this size$2,416
2024$646 per active participant
2023$626 per active participant
2022$563 per active participant

Puget Sound Pipe & Supply Co., Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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 · 20241
NWPS · Recordkeeping$8,108

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

Recordkeeper by year2
2024NWPS
2023NWPS

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

Administrative cost history3
2024$8,178 · 0.05%
2023$14,161 · 0.10%
2022$8,438 · 0.06%
Same employer
Similar plansWholesale Trade · Washington
Ring & Pinion Service Inc. WA$19.4M · 0.92%
Oxarc, Inc. WA$17.9M · 0.32%
Six Robblees' Inc. WA$16.9M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910979228 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.