Plan Ledger DOL Form 5500 · updated monthly

Rush Development Company, Inc.401(k)

RUSH COMPANIES 401(K) PLAN · GIG HARBOR, WA · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Rush Development Company, Inc. reported $40,818 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $2,715 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 0.42% to 0.37%. 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 among the smaller plans on file in Washington (955th of 1,714), and 2,747th of 5,337 in construction. In 2024, employees put in $3.44 for every $1.00 the employer contributed; active participation has shrunk from 127 to 104 since 2022.

Plan summary
Net assets, end of year$12,441,413
Participants with balances142
Active participants104
Employer contributions$282,373
Employee contributions$970,014
Employer contribution per active participant$2,715
Average account balance$87,616
Benefits paid to participants$667,642
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.4M · 142 accts · $282K emplr
2023$9.8M · 146 accts · $360K emplr
2022$7.0M · 160 accts · $331K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,818
Total administrative$40,818
The Rush Development Company, Inc. 401(k) match · 2024
Employer contribution per active participant$2,715
Median for plans this size$2,416
2024$2,715 per active participant
2023$3,054 per active participant
2022$2,607 per active participant

Rush Development Company, 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
JOHN HANCOCK · Recordkeeping$23,971
TRUTINA FINANCIAL · Investment advisory (participants)$12,860

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$40,818 · 0.37%
2023$35,300 · 0.42%
2022$31,449 · 0.42%
Same employer
Similar plansConstruction · Washington
Dawson Construction, LLC WA$12.8M · 0.34%
Aa Asphalting, LLC WA$12.8M · 0.70%
Jas Design-Build Inc WA$12.1M · 0.09%
Faber Construction, Inc. WA$11.6M · 0.74%
Psf Mechanical, Inc. WA$10.5M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 912181321 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.