Plan Ledger DOL Form 5500 · updated monthly

Selland Construction, Inc.401(k)

SELLAND CONSTRUCTION, INC. 401(K) RETIREMENT PLAN · WENATCHEE, WA · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Selland Construction, Inc. reported $60,496 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $6,671 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 0.55% to 0.38%. 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 758th-largest of 1,714 plans among Washington employers on file, and the 2,221st of 5,337 in construction. In 2024, the employer put in $2.19 for every $1.00 employees contributed themselves; active participation has grown from 224 to 258 since 2022.

Plan summary
Net assets, end of year$17,550,138
Participants with balances289
Active participants258
Employer contributions$1,720,990
Employee contributions$784,526
Employer contribution per active participant$6,671
Average account balance$60,727
Benefits paid to participants$624,575
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.6M · 289 accts · $1.7M emplr
2023$14.2M · 255 accts · $1.5M emplr
2022$11.1M · 284 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,990
Investment management$38,556
Total administrative$60,496
The Selland Construction, Inc. 401(k) match · 2024
Employer contribution per active participant$6,671
Median for plans this size$2,416
2024$6,671 per active participant
2023$4,848 per active participant
2022$5,840 per active participant

Selland Construction, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20242
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$5,843
NWRPC LLC · Other servicesindirect 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$60,496 · 0.38%
2023$79,521 · 0.63%
2022$65,323 · 0.55%
Same employer
Similar plansConstruction · Washington
Krekow Jennings, Inc. WA$17.9M · 0.31%
Sequoyah Electric, LLC WA$17.4M · 0.62%
Schuchart Corporation WA$17.3M · 0.35%
Jrt Mechanical, Inc. WA$17.1M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910688123 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.