Plan Ledger DOL Form 5500 · updated monthly

Wrench, Inc.401(k)

WRENCH, INC. 401(K) PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Wrench, Inc. reported $3,343 in plan administrative expenses for 2024: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 0.20% to 0.13%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Washington (1,522nd of 1,714), and 2,725th of 3,341 in other services. active participation has shrunk from 280 to 68 since 2022.

Plan summary
Net assets, end of year$2,693,368
Participants with balances76
Active participants68
Employer contributions$0
Employee contributions$366,719
Employer contribution per active participant$0
Average account balance$35,439
Benefits paid to participants$499,805
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.7M · 76 accts
2023$2.5M · 104 accts
2022$2.0M · 130 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,740
Investment management$1,603
Total administrative$3,343
The Wrench, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Wrench, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,740

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$3,343 · 0.13%
2023$2,929 · 0.13%
2022$3,841 · 0.20%
Same employer
Similar plansOther Services · Washington
Cowiche Growers, Inc. WA$2.7M · 0.95%
Rudys Reloaded, LLC WA$2.6M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810926250 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.