Plan Ledger DOL Form 5500 · updated monthly

Wolfe Plumbing, Inc.401(k)

WOLFE COMPANIES 401(K) SAVINGS PLAN · EVERETT, WA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Wolfe Plumbing, Inc. reported $1,390 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,321 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 0.06% to 0.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Washington (1,171st of 1,714), and 3,387th of 5,337 in construction. In 2024, employees put in $1.56 for every $1.00 the employer contributed; active participation has shrunk from 139 to 123 since 2022.

Plan summary
Net assets, end of year$8,019,531
Participants with balances131
Active participants123
Employer contributions$408,445
Employee contributions$635,577
Employer contribution per active participant$3,321
Average account balance$61,218
Benefits paid to participants$544,876
Plan auditUnmodified (clean) audit opinion
AuditorHAGEN, KURTH, PERMAN & CO.,P.S.
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 131 accts · $408K emplr
2023$6.6M · 139 accts · $367K emplr
2022$5.0M · 132 accts · $366K emplr
The Wolfe Plumbing, Inc. 401(k) match · 2024
Employer contribution per active participant$3,321
Median for plans this size$1,313
2024$3,321 per active participant
2023$2,586 per active participant
2022$2,634 per active participant

Wolfe Plumbing, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20249
T. ROWE PRICE RPS, INC. · Recordkeeping · Trustee$1,390
PIMCO FUNDS · Investment managementindirect comp
DIMENSIONAL FUNDS · Investment managementindirect comp
ALLSPRING GLOBAL · Investment managementindirect comp
HARTFORD MUTUAL FUNDS · Investment managementindirect comp
VANGUARD GROUP · Investment managementindirect comp
VOYA · Investment managementindirect comp
COHEN & STEERS FUNDS · Investment managementindirect comp
ALLIANCE BERNSTEIN · Investment managementindirect comp

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$1,390 · 0.02%
2023$1,095 · 0.02%
2022$3,230 · 0.06%
Similar plansConstruction · Washington
The Holt Group, Inc. WA$9.0M · 0.56%
Sme Inc of Seattle WA$8.9M · 0.01%
Provident Electric, Inc. WA$8.6M · 0.53%
Piper Mechanical, Inc. WA$8.4M · 0.67%
Sea-Tac Electric, Inc. WA$7.7M · 0.50%
Mmcs, LLC WA$7.3M · 0.58%
Adair Homes, Inc. WA$6.9M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911752299 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.