Plan Ledger DOL Form 5500 · updated monthly

Schuchart Corporation401(k)

SCHUCHART CORPORATION 401(K) PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Schuchart Corporation reported $58,155 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $3,900 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 0.54% to 0.35%. 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 the 765th-largest of 1,714 plans among Washington employers on file, and the 2,247th of 5,337 in construction. In 2024, employees put in $2.38 for every $1.00 the employer contributed; active participation has shrunk from 101 to 77 since 2022.

Plan summary
Net assets, end of year$17,272,779
Participants with balances130
Active participants77
Employer contributions$300,327
Employee contributions$716,059
Employer contribution per active participant$3,900
Average account balance$132,868
Benefits paid to participants$2,163,944
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.3M · 130 accts · $300K emplr
2023$15.5M · 133 accts · $396K emplr
2022$13.2M · 144 accts · $475K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,559
Investment management$35,005
Trustee / custodial$5,591
Total administrative$58,155
The Schuchart Corporation 401(k) match · 2024
Employer contribution per active participant$3,900
Median for plans this size$2,416
2024$3,900 per active participant
2023$4,769 per active participant
2022$4,698 per active participant

Schuchart Corporation'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 · 20243
NWPS, INC. · Contract administrator · Recordkeeping$17,559
RBC WEALTH MANAGEMENT · Investment advisory (participants) · Investment advisory (plan)$35,005
CHARLES SCHWAB TRUST BANK · Custodial (securities)$5,661

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$58,155 · 0.35%
2023$36,705 · 0.26%
2022$80,242 · 0.54%
Same employer
Similar plansConstruction · Washington
Selland Construction, Inc. WA$17.6M · 0.38%
Sequoyah Electric, LLC WA$17.4M · 0.62%
Jrt Mechanical, Inc. WA$17.1M · 0.61%
Tapani Plumbing, Inc. WA$15.8M · 0.60%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 911417296 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.