Plan Ledger DOL Form 5500 · updated monthly

Scafco Corporation401(k)

SCAFCO CORPORATION PROFIT SHARING 401(K) PLAN · SPOKANE, WA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Scafco Corporation reported $52,876 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $135 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 0.23% to 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 501st-largest of 1,714 plans among Washington employers on file, and the 4,295th of 13,661 in manufacturing. In 2024, employees put in $40.51 for every $1.00 the employer contributed; active participation has shrunk from 339 to 296 since 2022.

Plan summary
Net assets, end of year$31,882,911
Participants with balances432
Active participants296
Employer contributions$40,000
Employee contributions$1,620,317
Employer contribution per active participant$135
Average account balance$73,803
Benefits paid to participants$1,281,353
Plan auditUnmodified (clean) audit opinion
AuditorANASTASI MOORE MARTIN
Plan history3
Yearassets · accounts · employer contribution
2024$31.9M · 432 accts · $40K emplr
2023$27.7M · 436 accts · $614K emplr
2022$22.6M · 396 accts · $758K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,401
Audit (IQPA)$22,500
Trustee / custodial$5,975
Total administrative$52,876
The Scafco Corporation 401(k) match · 2024
Employer contribution per active participant$135
Median for plans this size$2,416
2024$135 per active participant
2023$1,907 per active participant
2022$2,237 per active participant

Scafco Corporation'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 · 20243
RANDALL & HURLEY · Recordkeeping · Pension consulting$24,571
ANASTASI MOORE MARTIN · Accounting / audit$22,500
CHARLES SCHWAB TRUST BANK · Custodial (securities)$5,975

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

Recordkeeper by year2
2024RANDALL & HURLEY
2023RANDALL & HURLEY

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Administrative cost history3
2024$52,876 · 0.18%
2023$35,046 · 0.14%
2022$58,425 · 0.23%
Same employer
Similar plansManufacturing · Washington
Hermetic Solutions Group WA$32.9M · 0.54%
Cascade Designs, Inc. WA$32.9M · 0.25%
Sekisui Aerospace, Inc. WA$32.4M · 0.95%
Qumulo, Inc. WA$32.1M · 0.11%
Great Western Malting Co. WA$31.2M · 0.45%
Mackay Manufacturing, Inc. WA$30.8M · 0.23%
Cascade Dafo, Inc WA$30.3M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910610694 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.