Plan Ledger DOL Form 5500 · updated monthly

Shannon & Wilson, Inc.401(k)

SHANNON & WILSON, INC. PS RETIREMENT & 401(K) PLAN AND TRUST · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Shannon & Wilson, Inc. reported $143,963 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $6,170 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 0.10% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 139th-largest of 1,714 plans among Washington employers on file, and the 1,210th of 11,654 in professional & technical services. In 2024, employees put in $1.60 for every $1.00 the employer contributed; active participation has grown from 330 to 373 since 2022.

Plan summary
Net assets, end of year$127,897,078
Participants with balances556
Active participants373
Employer contributions$2,301,561
Employee contributions$3,691,158
Employer contribution per active participant$6,170
Average account balance$230,031
Benefits paid to participants$14,284,464
Plan auditUnmodified (clean) audit opinion
AuditorVWC, PS
Plan history3
Yearassets · accounts · employer contribution
2024$127.9M · 556 accts · $2.3M emplr
2023$116.4M · 538 accts · $2.2M emplr
2022$94.3M · 493 accts · $944K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,125
Investment management$111,838
Total administrative$143,963
The Shannon & Wilson, Inc. 401(k) match · 2024
Employer contribution per active participant$6,170
Median for plans this size$3,635
2024$6,170 per active participant
2023$6,254 per active participant
2022$2,861 per active participant

Shannon & Wilson, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20245
NWPS · Recordkeeping · Loan processing$32,125
RBC WEALTH MANAGEMENT · Investment advisory (participants) · Investment advisory (plan)$48,750
MERRILL LYNCH, PIERCE, FENNER&SMITH · Investment advisory (participants)$40,030
ROBERT W. BAIRD · Investment advisory (participants)$14,593
JP MORGAN · Investment advisory (participants)$5,079

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

Recordkeeper by year2
2024NWPS
2023NWPS

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Administrative cost history3
2024$143,963 · 0.12%
2023$89,055 · 0.08%
2022$101,644 · 0.10%
All plans at this employer2
SHANNON & WILSON, INC. ELIGIBLE INDIVIDUAL ACCOUNT PLAN401(k)
SHANNON & WILSON, INC. PS RETIREMENT & 401(K) PLAN AND TRUST401(k)
Same employer
Similar plansProfessional & Technical Services · Washington
Point B, Inc. WA$152.2M · 0.04%
Allen Institute WA$149.8M · 0.02%
Anvil Corporation WA$130.1M · 0.16%
Anchor Qea, LLC WA$110.0M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910745357 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.