Plan Ledger DOL Form 5500 · updated monthly

Watkins Distributing, Sales & Service401(k)

WATKINS DISTRIBUTING PROFIT SHARING 401K PLAN · JEROME, ID · plan year 2025

Reported admin expense ratio · 2025
0.27%

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

Watkins Distributing, Sales & Service reported $76,568 in plan administrative expenses for 2025: 0.27% of average plan assets, below the peer median. Employer contributions averaged $2,656 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 3 years on file its reported administrative ratio rose from 0.25% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other wholesale trade employers. By assets it is the 71st-largest of 349 plans among Idaho employers on file, and the 1,315th of 4,246 in wholesale trade. In 2025, employees put in $1.46 for every $1.00 the employer contributed; active participation has grown from 139 to 207 since 2022.

Plan summary
Net assets, end of year$31,125,450
Participants with balances186
Active participants207
Employer contributions$549,693
Employee contributions$800,166
Employer contribution per active participant$2,656
Average account balance$167,341
Benefits paid to participants$1,152,522
Plan auditUnmodified (clean) audit opinion
AuditorLEAVITT, CHRISTENSEN & CO.
Plan history4
Yearassets · accounts · employer contribution
2025$31.1M · 186 accts · $550K emplr
2024$26.4M · 196 accts · $526K emplr
2023$22.5M · 187 accts · $410K emplr
2022$19.5M · 160 accts · $629K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$18,710
Investment management$49,008
Audit (IQPA)$8,850
Total administrative$76,568
The Watkins Distributing, Sales & Service 401(k) match · 2025
Employer contribution per active participant$2,656
Median for plans this size$2,666
2025$2,656 per active participant
2024$2,567 per active participant
2023$2,613 per active participant
2022$4,527 per active participant

Watkins Distributing, Sales & Service's 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
DA DAVIDSON · Investment advisory (plan)$49,008
PINNACLE PENSION SERVICES · Contract administrator$18,010
LEAVITT CHRISTENSEN & CO PLLC$8,850

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

Administrative cost history4
2025$76,568 · 0.27%
2024$63,371 · 0.26%
2023$57,867 · 0.28%
2022$52,613 · 0.25%
Similar plansWholesale Trade · Idaho
Coleman Oil Company, LLC ID$13.0M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820422918 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.