Plan Ledger DOL Form 5500 · updated monthly

Western Materials, Inc.401(k)

DOUGLAS FRUIT COMPANY SALARY REDUCTION AND SAVINGS PLAN · YAKIMA, WA · plan year 2023

Reported admin expense ratio · 2023
0.01%

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

Western Materials, Inc. reported $1,501 in plan administrative expenses for 2023: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,749 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 1 year on file its reported administrative ratio fell from 0.06% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Washington (960th of 1,714), and 2,649th of 4,246 in wholesale trade. In 2023, employees put in $1.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,231,858
Participants with balances311
Active participants420
Employer contributions$734,692
Employee contributions$922,865
Employer contribution per active participant$1,749
Average account balance$39,331
Benefits paid to participants$1,191,936
Plan auditUnmodified (clean) audit opinion
AuditorMOSS ADAMS
Plan history2
Yearassets · accounts · employer contribution
2023$12.2M · 311 accts · $735K emplr
2022$10.7M · 317 accts · $725K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,501
Total administrative$1,501
The Western Materials, Inc. 401(k) match · 2023
Employer contribution per active participant$1,749
Median for plans this size$2,440
2023$1,749 per active participant
2022$2,706 per active participant

Western Materials, Inc.'s 2023 employer contribution ran below the $2,440 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 · 20232
AMERIPRISE FINANCIAL SERVICES LLCindirect comp

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

Administrative cost history2
2023$1,501 · 0.01%
2022$6,765 · 0.06%
All plans at this employer2
DOUGLAS FRUIT COMPANY SALARY REDUCTION AND SAVINGS PLAN401(k)
WESTERN MATERIALS, INC. SALARY REDUCTION AND SAVING PLAN401(k)
Same employer
Similar plansWholesale Trade · Washington
Western Materials, Inc. WA$14.2M · 0.05%
The Box Maker WA$14.0M · 0.24%
Spokane Produce, Inc. WA$12.6M · 0.43%
King Beverage, Inc. WA$11.9M · 0.05%
Fungi Perfecti, LLC WA$10.7M · 0.16%
C. Stein, Inc. dba Csb WA$10.2M · 0.59%
Baden Sports, Inc. WA$9.8M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910158860 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.