Plan Ledger DOL Form 5500 · updated monthly

Tapani Plumbing, Inc.401(k)

TAPANI PLUMBING, INC. 401(K) RETIREMENT PLAN · BATTLE GROUND, WA · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Tapani Plumbing, Inc. reported $87,922 in plan administrative expenses for 2024: 0.60% of average plan assets, higher than ~75% of peers. Employer contributions averaged $6,094 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 0.60%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 815th-largest of 1,714 plans among Washington employers on file, and the 2,373rd of 5,337 in construction. In 2024, the employer put in $1.08 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$15,827,658
Participants with balances141
Active participants106
Employer contributions$645,918
Employee contributions$600,620
Employer contribution per active participant$6,094
Average account balance$112,253
Benefits paid to participants$654,649
Plan auditUnmodified (clean) audit opinion
AuditorBARRETT & COMPANY, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$15.8M · 141 accts · $646K emplr
2023$13.3M · 141 accts · $630K emplr
2022$10.8M · 143 accts · $970K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,468
Investment management$56,118
Total administrative$87,922
The Tapani Plumbing, Inc. 401(k) match · 2024
Employer contribution per active participant$6,094
Median for plans this size$2,416
2024$6,094 per active participant
2023$6,176 per active participant
2022$8,588 per active participant

Tapani Plumbing, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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 · 20243
FIRST PACIFIC FINANCIAL INC · Investment advisory (plan)$55,879
PENSION PLAN SPECIALISTS, PC · Contract administrator$11,150

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$87,922 · 0.60%
2023$74,640 · 0.62%
2022$70,868 · 0.63%
Same employer
Similar plansConstruction · Washington
Schuchart Corporation WA$17.3M · 0.35%
Jrt Mechanical, Inc. WA$17.1M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911453347 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.