Plan Ledger DOL Form 5500 · updated monthly

Washington Companies401(k)

WASHINGTON COMPANIES 401(K) RETIREMENT SAVINGS PLAN · MISSOULA, MT · plan year 2023

Reported admin expense ratio · 2023
0.09%

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

Washington Companies reported $361,887 in plan administrative expenses for 2023: 0.09% of average plan assets, above the peer median. Employer contributions averaged $4,537 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 0.10% to 0.06%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,601 comparable plans and shown alongside other professional & technical services employers. By assets it is the 7th-largest of 229 plans among Montana employers on file, and the 423rd of 11,654 in professional & technical services. In 2023, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$417,849,493
Participants with balances2,320
Active participants2,112
Employer contributions$9,581,280
Employee contributions$17,238,589
Employer contribution per active participant$4,537
Average account balance$180,108
Benefits paid to participants$34,015,100
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$312.6M · 1,791 accts · $7.7M emplr
2023$417.8M · 2,320 accts · $9.6M emplr
2022$352.0M · 2,426 accts · $8.7M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$187,266
Investment management$161,982
Total administrative$361,887
The Washington Companies 401(k) match · 2023
Employer contribution per active participant$4,537
Median for plans this size$4,362
2024$6,354 per active participant
2023$4,537 per active participant
2022$4,131 per active participant

Washington Companies's 2023 employer contribution ran above the $4,362 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$187,313
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$161,982
SAGEVIEW A · Investment advisory (participants)$12,638

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$213,453 · 0.06%
2023$361,887 · 0.09%
2022$384,255 · 0.10%
Same employer
Similar plansProfessional & Technical Services · Montana
Databricks, Inc. CA$418.9M · 0.10%
Cardtronics USA, Inc. GA$416.9M · 0.06%
Perkins&Will, Inc. IL$414.4M · 0.08%
Nutanix, Inc. CA$412.4M · 0.01%
Duane Morris LLP PA$411.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810485406 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.