Plan Ledger DOL Form 5500 · updated monthly

Venture General Contracting, LLC401(k)

VENTURE GENERAL CONTRACTING LLC 401K RETIREMENT PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Venture General Contracting, LLC reported $35,633 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $4,535 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 0.21% to 0.25%. 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 828th-largest of 1,714 plans among Washington employers on file, and the 2,410th of 5,337 in construction. In 2024, employees put in $2.89 for every $1.00 the employer contributed; active participation has shrunk from 121 to 91 since 2022.

Plan summary
Net assets, end of year$15,478,804
Participants with balances339
Active participants91
Employer contributions$412,691
Employee contributions$1,194,436
Employer contribution per active participant$4,535
Average account balance$45,660
Benefits paid to participants$1,697,525
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.5M · 339 accts · $413K emplr
2023$13.6M · 333 accts · $511K emplr
2022$10.4M · 310 accts · $483K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,463
Total administrative$35,633
The Venture General Contracting, LLC 401(k) match · 2024
Employer contribution per active participant$4,535
Median for plans this size$2,416
2024$4,535 per active participant
2023$4,333 per active participant
2022$3,995 per active participant

Venture General Contracting, LLC'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 · 20243
THE VANGUARD GROUP,INC. · Recordkeeping$9,427
ASCENSUS · Recordkeeping$43
GLOBAL RETIREMENT PARTNERS · Investment advisory (plan)$28,456

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

Recordkeeper by year2
2024Ascensus, Vanguard
2023Ascensus, Vanguard

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

Administrative cost history3
2024$35,633 · 0.25%
2023$24,615 · 0.21%
2022$23,379 · 0.21%
Same employer
Similar plansConstruction · Washington
Tapani Plumbing, Inc. WA$15.8M · 0.60%
Aks Industries, Inc. WA$15.0M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273702648 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.