Plan Ledger DOL Form 5500 · updated monthly

Setina Manufacturing401(k)

SETINA MANUFACTURING 401(K) PLAN · OLYMPIA, WA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Setina Manufacturing reported $6,521 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,808 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 0.07% to 0.06%. 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 among the smaller plans on file in Washington (992nd of 1,714), and 8,161st of 13,661 in manufacturing. In 2024, employees put in $1.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,601,459
Participants with balances148
Active participants156
Employer contributions$282,077
Employee contributions$454,940
Employer contribution per active participant$1,808
Average account balance$78,388
Benefits paid to participants$515,278
Plan auditUnmodified (clean) audit opinion
AuditorAIKEN AND SANDERS, INC., PS
Plan history3
Yearassets · accounts · employer contribution
2024$11.6M · 148 accts · $282K emplr
2023$9.3M · 163 accts · $233K emplr
2022$6.8M · 140 accts · $221K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,494
Investment management$27
Total administrative$6,521
The Setina Manufacturing 401(k) match · 2024
Employer contribution per active participant$1,808
Median for plans this size$2,416
2024$1,808 per active participant
2023$1,261 per active participant
2022$1,384 per active participant

Setina Manufacturing'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 · 20241

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$6,521 · 0.06%
2023$6,220 · 0.08%
2022$5,530 · 0.07%
Same employer
Similar plansManufacturing · Washington
Braun Northwest, Inc. WA$12.1M · 0.40%
Precept Brands, LLC WA$12.0M · 0.05%
Echodyne Corp. WA$11.8M · 0.19%
Far Bank WA$11.7M · 0.02%
Glowforge, Inc. WA$11.6M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910823134 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.