Plan Ledger DOL Form 5500 · updated monthly

Titus-Will401(k)

TITUS-WILL RETIREMENT SAVINGS PLAN · TACOMA, WA · plan year 2024

Reported admin expense ratio · 2024
0.86%

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

Titus-Will reported $295,533 in plan administrative expenses for 2024: 0.86% of average plan assets, higher than ~90% of peers. Employer contributions averaged $739 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 fell from 1.01% to 0.86%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 445th-largest of 1,714 plans among Washington employers on file, and the 849th of 5,215 in retail trade. In 2024, employees put in $7.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$37,149,008
Participants with balances1,098
Active participants512
Employer contributions$378,347
Employee contributions$2,903,983
Employer contribution per active participant$739
Average account balance$33,833
Benefits paid to participants$2,473,126
Plan auditUnmodified (clean) audit opinion
AuditorGEFFEN MESHER & COMPANY P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$37.1M · 1,098 accts · $378K emplr
2023$31.9M · 1,032 accts · $371K emplr
2022$26.3M · 973 accts · $380K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$156,436
Investment management$83,659
Total administrative$295,533
The Titus-Will 401(k) match · 2024
Employer contribution per active participant$739
Median for plans this size$2,416
2024$739 per active participant
2023$767 per active participant
2022$766 per active participant

Titus-Will'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 · 20244
PACIFIC PORTFOLIO$42,024
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$20,304
GEFFEN MESHER COMPANY, P.C.$19,550
ASCENSUS · Other services$1,550

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$295,533 · 0.86%
2023$290,740 · 1.00%
2022$291,652 · 1.01%
Same employer
Similar plansRetail Trade · Washington
Urm Stores, Inc. WA$58.3M · 0.13%
Funko, LLC WA$44.9M · 0.13%
Hannah Motor Co., Inc. WA$44.1M · 0.24%
Uwajimaya, Inc. WA$36.4M · 0.21%
Haselwood Auto Group WA$31.4M · 0.66%
Wilson Oil, Inc. WA$30.4M · 0.43%
Dunn Lumber Co., Inc. WA$29.9M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910441515 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.