Plan Ledger DOL Form 5500 · updated monthly

Pyrotek Incorporated401(k)

PYROTEK, INC. 401(K) AND PROFIT SHARING PLAN · SPOKANE, WA · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Pyrotek Incorporated reported $267,492 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,799 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 0.29% to 0.26%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 172nd-largest of 1,714 plans among Washington employers on file, and the 1,841st of 13,661 in manufacturing. In 2024, employees put in $2.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$105,185,149
Participants with balances814
Active participants639
Employer contributions$1,788,690
Employee contributions$5,098,547
Employer contribution per active participant$2,799
Average account balance$129,220
Benefits paid to participants$11,026,885
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$105.2M · 814 accts · $1.8M emplr
2023$97.9M · 826 accts · $1.8M emplr
2022$89.4M · 840 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$115,829
Investment management$151,663
Total administrative$267,492
The Pyrotek Incorporated 401(k) match · 2024
Employer contribution per active participant$2,799
Median for plans this size$3,635
2024$2,799 per active participant
2023$2,713 per active participant
2022$2,546 per active participant

Pyrotek Incorporated's 2024 employer contribution ran below the $3,635 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 (plan)$151,663
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$115,829

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$267,492 · 0.26%
2023$256,173 · 0.27%
2022$243,904 · 0.29%
Same employer
Similar plansManufacturing · Washington
Sp Holdings, Inc. WA$113.1M · 0.19%
Columbia Machine, Inc. WA$104.2M · 0.21%
Brooks Sports, Inc. WA$95.6M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910699706 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.