Plan Ledger DOL Form 5500 · updated monthly

Sekisui Aerospace, Inc.401(k)

SEKISUI AEROSPACE, INC. 401(K) RETIREMENT PLAN · RENTON, WA · plan year 2024

Reported admin expense ratio · 2024
0.95%

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

Sekisui Aerospace, Inc. reported $298,491 in plan administrative expenses for 2024: 0.95% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,411 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 0.60% to 0.95%. 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 496th-largest of 1,714 plans among Washington employers on file, and the 4,237th of 13,661 in manufacturing. In 2024, employees put in $2.77 for every $1.00 the employer contributed; active participation has grown from 491 to 690 since 2022.

Plan summary
Net assets, end of year$32,434,148
Participants with balances833
Active participants690
Employer contributions$973,404
Employee contributions$2,697,058
Employer contribution per active participant$1,411
Average account balance$38,937
Benefits paid to participants$5,051,559
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.4M · 833 accts · $973K emplr
2023$30.4M · 933 accts · $934K emplr
2022$26.3M · 689 accts · $786K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$264,940
Audit (IQPA)$33,551
Total administrative$298,491
The Sekisui Aerospace, Inc. 401(k) match · 2024
Employer contribution per active participant$1,411
Median for plans this size$2,416
2024$1,411 per active participant
2023$1,380 per active participant
2022$1,600 per active participant

Sekisui Aerospace, Inc.'s 2024 employer contribution ran below 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$200,744
AGGREGATE RETIREMENT SERVICES · Contract administrator · Other services$97,746
TOWERS WATSON INVESTMENT SERVICES · Investment advisory (plan)indirect 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$298,491 · 0.95%
2023$276,754 · 0.98%
2022$176,129 · 0.60%
Same employer
Similar plansManufacturing · Washington
Mutual Materials Company WA$35.4M · 0.03%
G S Long Co Inc WA$33.7M · 0.33%
Hermetic Solutions Group WA$32.9M · 0.54%
Cascade Designs, Inc. WA$32.9M · 0.25%
Qumulo, Inc. WA$32.1M · 0.11%
Scafco Corporation WA$31.9M · 0.18%
Great Western Malting Co. WA$31.2M · 0.45%
Mackay Manufacturing, Inc. WA$30.8M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911419507 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.