Plan Ledger DOL Form 5500 · updated monthly

Washington Energy Service Co LLC401(k)

BHA/WES 401(K) PLAN · LYNNWOOD, WA · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Washington Energy Service Co LLC reported $73,081 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $936 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 0.26% to 0.28%. 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 569th-largest of 1,714 plans among Washington employers on file, and the 1,636th of 5,337 in construction. In 2024, employees put in $4.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,301,094
Participants with balances292
Active participants487
Employer contributions$455,997
Employee contributions$1,836,525
Employer contribution per active participant$936
Average account balance$93,497
Benefits paid to participants$1,783,192
Plan auditUnmodified (clean) audit opinion
AuditorJOHNSON & SHUTE, P.S.
Plan history3
Yearassets · accounts · employer contribution
2024$27.3M · 292 accts · $456K emplr
2023$24.2M · 280 accts · $461K emplr
2022$20.2M · 267 accts · $440K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,012
Investment management$25,000
Total administrative$73,081
The Washington Energy Service Co LLC 401(k) match · 2024
Employer contribution per active participant$936
Median for plans this size$2,416
2024$936 per active participant
2023$957 per active participant
2022$909 per active participant

Washington Energy Service Co LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
EMPOWER ANNUITY INSURANCE COMPANY · Contract administrator · Recordkeeping$36,012
HELIUM FINANCIAL GROUP DBA HELIUM A · Investment advisory (plan)$22,962
GALLAGHER BENEFIT SERVICES INC DBA · Investment advisory (plan)$2,038

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

Recordkeeper by year2
2024Empower
2023Empower

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

Administrative cost history3
2024$73,081 · 0.28%
2023$56,952 · 0.26%
2022$56,109 · 0.26%
Same employer
Similar plansConstruction · Washington
Exxel Pacific, Inc. WA$31.5M · 0.19%
Naes Corporation WA$31.4M · 0.10%
Northwest Cascade, Inc. WA$30.9M · 0.28%
Bayley Construction WA$27.9M · 0.31%
Rotschy, Inc. WA$25.1M · 0.68%
Quigg Bros., Inc. WA$25.1M · 0.27%
Imco General Construction WA$21.7M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474473515 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.