Plan Ledger DOL Form 5500 · updated monthly

Travis Industries Inc401(k)

TRAVIS INDUSTRIES, INC. 401K PLAN · MUKILTEO, WA · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Travis Industries Inc reported $155,172 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $2,397 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 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 435th-largest of 1,714 plans among Washington employers on file, and the 3,812th of 13,661 in manufacturing. In 2024, employees put in $1.32 for every $1.00 the employer contributed; active participation has shrunk from 405 to 362 since 2022.

Plan summary
Net assets, end of year$38,131,216
Participants with balances618
Active participants362
Employer contributions$867,833
Employee contributions$1,147,074
Employer contribution per active participant$2,397
Average account balance$61,701
Benefits paid to participants$6,065,112
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.1M · 618 accts · $868K emplr
2023$37.6M · 607 accts · $804K emplr
2022$33.9M · 577 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$98,878
Investment management$56,294
Total administrative$155,172
The Travis Industries Inc 401(k) match · 2024
Employer contribution per active participant$2,397
Median for plans this size$2,416
2024$2,397 per active participant
2023$2,025 per active participant
2022$2,881 per active participant

Travis Industries Inc's 2024 employer contribution ran below the $2,416 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 · 20243
JOHN HANCOCK LIFE INS CO USA · Recordkeeping · Investment management$1,778
MERIT FINANCIAL GROUP, LLC · Investment advisory (participants)$47,179
LPL FINANCIAL LLC · Investment advisory (participants)$9,115

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$155,172 · 0.41%
2023$151,938 · 0.43%
2022$156,430 · 0.43%
Similar plansManufacturing · Washington
Hardel Mutual Plywood Corp. WA$39.1M · 0.01%
Lynden Door, Inc. WA$38.7M · 0.09%
Mutual Materials Company WA$35.4M · 0.03%
G S Long Co Inc WA$33.7M · 0.33%
Hermetic Solutions Group WA$32.9M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911403129 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.