Plan Ledger DOL Form 5500 · updated monthly

RH2 Engineering Inc.401(k)

RH2 ENGINEERING INC. 401(K) PROFIT SHARING PLAN AND TRUST · BOTHELL, 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

RH2 Engineering Inc. reported $144,147 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $9,980 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 0.21% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 348th-largest of 1,714 plans among Washington employers on file, and the 2,776th of 11,654 in professional & technical services. In 2024, employees put in $1.26 for every $1.00 the employer contributed; active participation has grown from 135 to 151 since 2022.

Plan summary
Net assets, end of year$49,639,137
Participants with balances176
Active participants151
Employer contributions$1,507,022
Employee contributions$1,902,321
Employer contribution per active participant$9,980
Average account balance$282,041
Benefits paid to participants$1,221,148
Plan auditUnmodified (clean) audit opinion
AuditorALEGRIA & COMPANY, PS
Plan history3
Yearassets · accounts · employer contribution
2024$49.6M · 176 accts · $1.5M emplr
2023$41.1M · 157 accts · $960K emplr
2022$37.8M · 160 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$96,918
Investment management$47,229
Total administrative$144,147
The RH2 Engineering Inc. 401(k) match · 2024
Employer contribution per active participant$9,980
Median for plans this size$2,416
2024$9,980 per active participant
2023$6,958 per active participant
2022$8,225 per active participant

RH2 Engineering Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20245
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$96,918
CAPFINANCIAL PARTNERS, LLC · Investment advisory (plan)$27,924
TRUTINA FINANCIAL · Investment advisory (plan)$24,926
ORENDA RETIREMENT LLC · Contract administratorindirect comp
HUNNEX AND SHOEMAKER INC · Other servicesindirect comp

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$144,147 · 0.32%
2023$79,074 · 0.20%
2022$83,537 · 0.21%
All plans at this employer2
RH2 ENGINEERING INC. 401(K) PROFIT SHARING PLAN AND TRUST401(k)
RH2 ENGINEERING, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansProfessional & Technical Services · Washington
Glosten, Inc. WA$50.7M · 0.08%
MG2 Corporation WA$50.3M · 0.40%
Altasciences USA LLC WA$48.5M · 0.52%
Pioneer Human Services WA$47.1M · 0.38%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 911108443 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.