Plan Ledger DOL Form 5500 · updated monthly

Seattle-Tacoma Box Company401(k)

STB RETIREMENT SAVINGS PLAN · KENT, WA · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Seattle-Tacoma Box Company reported $61,004 in plan administrative expenses for 2024: 0.29% of average plan assets, above the peer median. Employer contributions averaged $2,824 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 3 years on file its reported administrative ratio has held roughly steady near 0.29%. 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 638th-largest of 1,714 plans among Washington employers on file, and the 5,121st of 11,654 in professional & technical services. In 2024, employees put in $1.78 for every $1.00 the employer contributed; active participation has grown from 205 to 228 since 2022.

Plan summary
Net assets, end of year$22,550,811
Participants with balances262
Active participants228
Employer contributions$643,961
Employee contributions$1,143,281
Employer contribution per active participant$2,824
Average account balance$86,072
Benefits paid to participants$1,460,535
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.6M · 262 accts · $644K emplr
2023$19.2M · 256 accts · $508K emplr
2022$14.9M · 204 accts · $435K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,525
Investment management$55,479
Total administrative$61,004
The Seattle-Tacoma Box Company 401(k) match · 2024
Employer contribution per active participant$2,824
Median for plans this size$2,416
2024$2,824 per active participant
2023$2,341 per active participant
2022$2,123 per active participant

Seattle-Tacoma Box Company'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
OLIVER CAPITAL MANAGEMENT INC · Investment advisory (plan)$55,479
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$5,525

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$61,004 · 0.29%
2023$50,728 · 0.30%
2022$47,571 · 0.30%
Same employer
Similar plansProfessional & Technical Services · Washington
W. B. Sprague Company, Inc. WA$23.1M · 0.32%
Johnson-Barrow, Inc. WA$22.0M · 0.30%
Bsquare Corporation WA$21.8M · 0.32%
Dorian Studio, Inc. WA$21.5M · 0.21%
Casne Engineering, Inc. WA$21.1M · 0.49%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 910402210 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.