Plan Ledger DOL Form 5500 · updated monthly

Sound Window & Door, Inc.401(k)

SOUND WINDOW & DOOR, INC.401(K) PROFIT SHARING PLAN & TRUST · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Sound Window & Door, Inc. reported $36,781 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $1,571 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 5 years on file its reported administrative ratio rose from 0.26% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans. By assets it is among the smaller plans on file in Washington (954th of 1,714). In 2024, employees put in $1.88 for every $1.00 the employer contributed; active participation has grown from 251 to 513 since 2019.

Plan summary
Net assets, end of year$12,475,262
Participants with balances280
Active participants513
Employer contributions$806,018
Employee contributions$1,517,058
Employer contribution per active participant$1,571
Average account balance$44,555
Benefits paid to participants$1,875,683
Plan auditUnmodified (clean) audit opinion
Plan history6
Yearassets · accounts · employer contribution
2024$12.5M · 280 accts · $806K emplr
2023$10.4M · 237 accts · $736K emplr
2022$8.3M · 194 accts · $703K emplr
2021$7.9M · 159 accts · $599K emplr
2020$5.9M · 128 accts · $414K emplr
2019$4.2M · 98 accts · $326K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,781
Total administrative$36,781
The Sound Window & Door, Inc. 401(k) match · 2024
Employer contribution per active participant$1,571
Median for plans this size$2,416
2024$1,571 per active participant
2023$1,633 per active participant
2022$1,649 per active participant
2021$1,640 per active participant
2020$1,703 per active participant

Sound Window & Door, 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 · 20244
SOUND CONSULTING SERVICES · Investment management$27,931
NWRPC · Contract administrator$8,775
ASCENSUSindirect comp

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

Administrative cost history6
2024$36,781 · 0.32%
2023$27,222 · 0.29%
2022$22,227 · 0.27%
2021$16,784 · 0.24%
2020$11,026 · 0.22%
2019$9,282 · 0.26%
Same employer
Similar plansplans of similar size
Modern Companies, Inc. IA$12.5M · 1.12%
Mid-State Consultants UT$12.5M · 0.70%
Possiblenow, Inc. GA$12.5M · 0.07%
Harold G. Butzer, Inc. MO$12.5M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911766879 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.