Plan Ledger DOL Form 5500 · updated monthly

Svz USA Washington, Inc.401(k)

SVZ USA WASHINGTON, INC. 401(K) PROFIT SHARING PLAN · OTHELLO, WA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Svz USA Washington, Inc. reported $5,675 in plan administrative expenses for 2024: 0.18% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,493 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 3 years on file its reported administrative ratio has held roughly steady near 0.176%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Washington (1,474th of 1,714), and 12,092nd of 13,661 in manufacturing. In 2024, employees put in $1.57 for every $1.00 the employer contributed; active participation has grown from 93 to 117 since 2022.

Plan summary
Net assets, end of year$3,344,188
Participants with balances155
Active participants117
Employer contributions$174,673
Employee contributions$273,498
Employer contribution per active participant$1,493
Average account balance$21,575
Benefits paid to participants$559,515
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $181K emplr
2024$3.3M · 155 accts · $175K emplr
2023$3.1M · 131 accts · $224K emplr
2022$2.4M · 109 accts · $146K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,675
Total administrative$5,675
The Svz USA Washington, Inc. 401(k) match · 2024
Employer contribution per active participant$1,493
Median for plans this size$1,313
2024$1,493 per active participant
2023$2,378 per active participant
2022$1,568 per active participant

Svz USA Washington, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20242
BEAM WEALTH ADVISORSindirect comp

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

Administrative cost history4
2025Not separately reported
2024$5,675 · 0.18%
2023$3,675 · 0.13%
2022$4,350 · 0.18%
Similar plansManufacturing · Washington
Orchard-Rite LTD Inc WA$3.4M · 0.10%
Aero Precision, LLC WA$3.4M · 1.35%
Imaginetics LLC WA$3.2M · 1.17%
Louws Truss, Inc. WA$3.1M · 0.96%
Brown & Haley WA$3.1M · 0.21%
Fruitsmart, Inc. WA$3.1M · 0.83%

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Source: U.S. Department of Labor, Form 5500 series, EIN 912056925 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.