Plan Ledger DOL Form 5500 · updated monthly

W. Lease Lewis Company401(k)

LEASE CRUTCHER LEWIS 401(K) SALARY DEFERRAL & RETIREMENT SAVINGS PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

W. Lease Lewis Company reported $32,353 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,788 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 0.07% to 0.05%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 240th-largest of 1,714 plans among Washington employers on file, and the 809th of 5,337 in construction. In 2024, employees put in $2.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$72,453,292
Participants with balances438
Active participants310
Employer contributions$1,794,286
Employee contributions$4,009,680
Employer contribution per active participant$5,788
Average account balance$165,418
Benefits paid to participants$3,484,764
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$72.5M · 438 accts · $1.8M emplr
2023$59.1M · 430 accts · $1.7M emplr
2022$48.7M · 427 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,353
Total administrative$32,353
The W. Lease Lewis Company 401(k) match · 2024
Employer contribution per active participant$5,788
Median for plans this size$3,635
2024$5,788 per active participant
2023$5,531 per active participant
2022$5,059 per active participant

W. Lease Lewis Company's 2024 employer contribution ran above the $3,635 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$32,353

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$32,353 · 0.05%
2023$26,122 · 0.05%
2022$40,257 · 0.07%
All plans at this employer2
LEASE CRUTCHER LEWIS 401(K) SALARY DEFERRAL & RETIREMENT SAVINGS PLAN401(k)
W. LEASE LEWIS COMPANY EMPLOYEE STOCK OWNERSHIP PLAN AND TRUSTESOP
Same employer
Similar plansConstruction · Washington
Gly Construction, Inc. WA$104.1M · 0.11%
Lakeside Industries Inc. WA$89.2M · 0.03%
Apollo, Inc. WA$71.7M · 0.31%
Prairie Electric, Inc. WA$69.0M · 0.39%
Ats Automation, Inc. WA$63.9M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911322480 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.