Plan Ledger DOL Form 5500 · updated monthly

Walsh Construction Co.401(k)

WALSH GROUP 401(K) AND PROFIT SHARING PLAN FOR UNION AND NON-UNION EMPLOYEES · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Walsh Construction Co. reported $51,954 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,896 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 0.02% to 0.03%. 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 72nd-largest of 1,021 plans among Oregon employers on file, and the 422nd of 5,337 in construction. In 2024, employees put in $1.37 for every $1.00 the employer contributed; active participation has shrunk from 545 to 373 since 2022.

Plan summary
Net assets, end of year$158,682,717
Participants with balances506
Active participants373
Employer contributions$2,945,171
Employee contributions$4,034,838
Employer contribution per active participant$7,896
Average account balance$313,602
Benefits paid to participants$11,332,740
Plan auditUnmodified (clean) audit opinion
AuditorALDRICH CPA'S & ADVISORS
Plan history3
Yearassets · accounts · employer contribution
2024$158.7M · 506 accts · $2.9M emplr
2023$144.7M · 516 accts · $2.6M emplr
2022$132.2M · 539 accts · $2.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,954
Total administrative$51,954
The Walsh Construction Co. 401(k) match · 2024
Employer contribution per active participant$7,896
Median for plans this size$3,635
2024$7,896 per active participant
2023$6,281 per active participant
2022$5,139 per active participant

Walsh Construction Co.'s 2024 employer contribution ran above the $3,635 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 · 20241
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping$51,954

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$51,954 · 0.03%
2023$53,131 · 0.04%
2022$26,231 · 0.02%
Same employer
Similar plansConstruction · Oregon
Hoffman Corporation OR$205.9M · 0.00%
Ibew LU-1141 Pension Trust OR$188.7M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930633107 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.