Plan Ledger DOL Form 5500 · updated monthly

University Mechanical Contractors, Inc.401(k)

UNIVERSITY MECHANICAL CONTRACTORS, INC. 401(K) PROFIT SHARING PLAN · LYNNWOOD, WA · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

University Mechanical Contractors, Inc. reported $57,205 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $4,705 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 0.15% to 0.17%. 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 456th-largest of 1,714 plans among Washington employers on file, and the 1,354th of 5,337 in construction. In 2024, employees put in $2.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$35,710,555
Participants with balances256
Active participants195
Employer contributions$917,439
Employee contributions$1,915,745
Employer contribution per active participant$4,705
Average account balance$139,494
Benefits paid to participants$3,447,597
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$35.7M · 256 accts · $917K emplr
2023$31.7M · 238 accts · $825K emplr
2022$26.6M · 230 accts · $822K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,197
Investment management$30,539
Trustee / custodial$3,469
Total administrative$57,205
The University Mechanical Contractors, Inc. 401(k) match · 2024
Employer contribution per active participant$4,705
Median for plans this size$2,416
2024$4,705 per active participant
2023$4,483 per active participant
2022$4,327 per active participant

University Mechanical Contractors, 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 · 20242
NORTHWEST PLAN SERVICES · Recordkeeping · Consulting$23,198
RBC WEALTH MANAGEMENT · Investment advisory (participants) · Investment advisory (plan)$30,539

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

Recordkeeper by year2
2024NWPS
2023NWPS

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

Administrative cost history3
2024$57,205 · 0.17%
2023$30,196 · 0.10%
2022$44,319 · 0.15%
Same employer
Similar plansConstruction · Washington
Cochran, Inc. WA$39.7M · 0.34%
Prime Group LLC WA$36.4M · 0.17%
Fisher Companies, Inc. WA$35.6M · 0.28%
Hermanson Company, LLP WA$34.4M · 0.15%
Dowbuilt, Inc. WA$33.8M · 0.29%
Abbott Construction LLC WA$33.2M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910653496 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.