Plan Ledger DOL Form 5500 · updated monthly

The Rushing Company401(k)

THE RUSHING COMPANY 401(K) PLAN · SEATTLE, WA · plan year 2023

Reported admin expense ratio · 2023
0.01%

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

The Rushing Company reported $1,194 in plan administrative expenses for 2023: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,749 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 professional & technical services employers. By assets it is among the smaller plans on file in Washington (1,029th of 1,714), and 7,764th of 11,654 in professional & technical services. In 2023, employees put in $2.70 for every $1.00 the employer contributed; active participation has shrunk from 85 to 55 since 2022.

Plan summary
Net assets, end of year$10,766,527
Participants with balances138
Active participants55
Employer contributions$261,185
Employee contributions$704,964
Employer contribution per active participant$4,749
Average account balance$78,018
Benefits paid to participants$817,159
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $64K emplr
2023$10.8M · 138 accts · $261K emplr
2022$8.8M · 133 accts · $285K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,194
Total administrative$1,194
The The Rushing Company 401(k) match · 2023
Employer contribution per active participant$4,749
Median for plans this size$1,308
2023$4,749 per active participant
2022$3,358 per active participant

The Rushing Company's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
ENVESTNET RETIREMENT SOLUTIONS, LLC · Investment advisory (plan)$3,225
MML INSURANCE AGENCY LLCindirect comp
STEPHEN M KOCH & CO INC · Contract administratorindirect comp

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

Administrative cost history3
2024Not separately reported
2023$1,194 · 0.01%
2022$3,122 · 0.03%
Similar plansProfessional & Technical Services · Washington
Sazan Group, Inc. WA$11.0M · 0.59%
Cloudfit Software LLC WA$10.7M · 0.63%
Strategies 360, Inc. WA$10.6M · 0.62%
Auction Edge WA$10.5M · 0.65%
Teleion LLC WA$10.4M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204417642 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.