Plan Ledger DOL Form 5500 · updated monthly

The Box Maker401(k)

THE BOX MAKER, INC. 401(K) RETIREMENT PLAN · KENT, WA · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

The Box Maker reported $31,560 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $17 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 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Washington (892nd of 1,714), and 2,466th of 4,246 in wholesale trade. In 2024, employees put in $263.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,022,263
Participants with balances280
Active participants215
Employer contributions$3,596
Employee contributions$948,894
Employer contribution per active participant$17
Average account balance$50,080
Benefits paid to participants$1,014,955
Plan auditUnmodified (clean) audit opinion
AuditorSMITH BUNDAY BERMAN BRITTON
Plan history3
Yearassets · accounts · employer contribution
2024$14.0M · 280 accts · $4K emplr
2023$12.1M · 281 accts · $132K emplr
2022$10.3M · 272 accts · $148K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,175
Investment management$2,785
Audit (IQPA)$21,600
Total administrative$31,560
The The Box Maker 401(k) match · 2024
Employer contribution per active participant$17
Median for plans this size$2,416
2024$17 per active participant
2023$683 per active participant
2022$754 per active participant

The Box Maker's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20242
SMITH BUNDAY BERMAN BRITTON, PS · Accounting / audit$21,600
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$7,175

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$31,560 · 0.24%
2023$9,748 · 0.09%
2022$11,812 · 0.10%
Same employer
Similar plansWholesale Trade · Washington
Yakima Chief Hops, Inc WA$15.5M · 0.09%
Alco Investment Company WA$15.1M · 0.30%
Gamus LLC WA$14.6M · 0.10%
Western Materials, Inc. WA$14.2M · 0.05%
Spokane Produce, Inc. WA$12.6M · 0.43%
Western Materials, Inc. WA$12.2M · 0.01%
King Beverage, Inc. WA$11.9M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911150263 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.