Plan Ledger DOL Form 5500 · updated monthly

Sellen Construction Co., Inc.401(k)

SELLEN CONSTRUCTION CO., INC. 401(K) AND WEALTHBUILDER RETIREMENT PLAN · SEATTLE, WA · plan year 2025

Reported admin expense ratio · 2025
0.11%

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

Sellen Construction Co., Inc. reported $115,332 in plan administrative expenses for 2025: 0.11% of average plan assets, below the peer median. Employer contributions averaged $13,423 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 4 years on file its reported administrative ratio has held roughly steady near 0.110%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other construction employers. By assets it is the 162nd-largest of 1,714 plans among Washington employers on file, and the 571st of 5,337 in construction. In 2025, employees put in $1.11 for every $1.00 the employer contributed; active participation has shrunk from 271 to 174 since 2022.

Plan summary
Net assets, end of year$110,997,075
Participants with balances327
Active participants174
Employer contributions$2,335,520
Employee contributions$2,592,063
Employer contribution per active participant$13,423
Average account balance$339,441
Benefits paid to participants$8,066,322
Plan auditUnmodified (clean) audit opinion
AuditorSABEY CPA, LLC
Plan history4
Yearassets · accounts · employer contribution
2025$111.0M · 327 accts · $2.3M emplr
2024$99.1M · 344 accts · $2.6M emplr
2023$95.7M · 374 accts · $2.9M emplr
2022$77.7M · 385 accts · $3.0M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$26,378
Audit (IQPA)$18,300
Total administrative$115,332
The Sellen Construction Co., Inc. 401(k) match · 2025
Employer contribution per active participant$13,423
Median for plans this size$4,093
2025$13,423 per active participant
2024$13,367 per active participant
2023$12,999 per active participant
2022$10,944 per active participant

Sellen Construction Co., Inc.'s 2025 employer contribution ran above the $4,093 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
T ROWE PRICE RPS INC · Recordkeeping · Trustee$26,378
UBS · Consulting$70,654
SABEY CPA PLLC · Accounting / audit$18,300

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

Recordkeeper by year3
2025T. Rowe Price
2024T. Rowe Price
2023T. Rowe Price

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$115,332 · 0.11%
2024$87,227 · 0.09%
2023$108,861 · 0.13%
2022$97,622 · 0.11%
Same employer
Similar plansConstruction · Washington
Goodfellow Bros., LLC. WA$126.0M · 0.11%
Manson Construction Co. WA$118.5M · 0.02%
Gly Construction, Inc. WA$104.1M · 0.11%
Lakeside Industries Inc. WA$89.2M · 0.03%
W. Lease Lewis Company WA$72.5M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910592890 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.