Plan Ledger DOL Form 5500 · updated monthly

Spokane Industries, Inc.401(k)

SPOKANE INDUSTRIES, INC. EMPLOYEE THRIFT PLAN · SPOKANE, WA · plan year 2023

Reported admin expense ratio · 2023
0.01%

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

Spokane Industries, Inc. reported $367 in plan administrative expenses for 2023: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $822 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 1 year on file its reported administrative ratio fell from 0.03% to 0.01%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Washington (1,285th of 1,714), and 10,645th of 13,661 in manufacturing. In 2023, employees put in $5.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,058,487
Participants with balances134
Active participants95
Employer contributions$78,121
Employee contributions$419,354
Employer contribution per active participant$822
Average account balance$45,213
Benefits paid to participants$937,313
Plan auditUnmodified (clean) audit opinion
AuditorTANNER LLC
Plan history2
Yearassets · accounts · employer contribution
2023$6.1M · 134 accts · $78K emplr
2022$5.4M · 144 accts · $128K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$75
Investment management$292
Total administrative$367
The Spokane Industries, Inc. 401(k) match · 2023
Employer contribution per active participant$822
Median for plans this size$1,308
2023$822 per active participant
2022$1,198 per active participant

Spokane Industries, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231

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

Administrative cost history2
2023$367 · 0.01%
2022$3,388 · 0.03%
Same employer
Similar plansManufacturing · Washington
Qualitel Corporation WA$6.3M · 0.05%
Cascade Coffee, LLC. WA$6.2M · 0.76%
Tacoma Glass WA$6.1M · 0.01%
Oregon Ice Cream LLC WA$6.0M · 0.80%
Multifab Inc. WA$5.9M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910572717 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.