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Employers › Washington

Employer · plans filed under one EIN

Absher Holding Company

Puyallup, WA · Construction

Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.

$21.2Mnet assets across plans
483participant records401 active
$2.4Memployer contributions, latest plan years$6,044 per active record
$46KSchedule C compensation to organisations$95.94 per participant record

Absher Holding Company, based in Puyallup, Washington, sponsors 2 retirement plans with 100 or more participants: 2 defined contribution. Together they reported 483 participant records and $21.2M in net assets.

The largest is Absher Holding Company 401(k) Plan, a 401(k) plan with 247 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.

Employer contributions across the plans were $2.4M and participant contributions $1.8M in the latest plan years; benefits paid were $1.9M. Schedule C compensation reported to service provider organisations totalled $46K.

Combined net assets moved from $8.8M in 2009 to $21.2M in 2024 (up 140%). Plan mergers and spin-offs show up here as steps in the series.

Plans

PlanKindPlan yearParticipantsNet assetsPer participantEmployer / activeSch. C compensation
Absher Holding Company 401(k) Plan401(k) plan2024247$32.1M$129,941$2,546$46K
Absher Holding Co. Employee Stock Ownership Planemployee stock ownership plan2024236−$10.9M—$9,225$0
US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244.

Trend by plan year

2009: $8.8M2010: $11.9M2011: $11.2M2012: $12.7M2013: $11.4M2014: $12.3M2015: $12.6M2016: $13.2M2017: $16.2M2018: $16.6M2019: $20.6M2020: $25.7M2021: $3.0M2022: −$8.2M2023: $6.2M2024: $21.2M$8.8M$25.7M$21.2M20092012201620202024
Combined net assets
2009: 1772010: 2262011: 2092012: 1392013: 1522014: 1482015: 1532016: 1642017: 1742018: 1912019: 2032020: 1872021: 1682022: 4052023: 4182024: 48317748320092012201620202024
Participant records
Plan yearPlansParticipant recordsNet assetsEmployer contributionsParticipant contributions
20242483$21.2M$2.4M$1.8M
20232418$6.2M$2.9M$1.6M
20222405−$8.2M$1.7M$1.5M
20211168$3.0M$3.0M$0
20201187$25.7M$372K$1.2M
20191203$20.6M$335K$1.1M
20181191$16.6M$275K$998K
20171174$16.2M$263K$841K
20161164$13.2M$202K$717K
20151153$12.6M$180K$644K
20141148$12.3M$0$564K
20131152$11.4M$191K$585K
20121139$12.7M$180K$600K
20111209$11.2M$194K$626K
20101226$11.9M$497K$595K
20091177$8.8M$258K$541K

History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.

Service providers

OrganisationServices reportedPlansCompensation reported
Gallagher Fiduciary Advisors, LLCInvestment advisory (plan)1$32,442
Principal Life Insurance CompanyContract Administrator; Participant loan processing1$13,896

Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.

Gallagher Fiduciary Advisors, LLC$32K
Principal Life Insurance Company$14K

Questions and answers

How many retirement plans does Absher Holding Company have?

2 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Absher Holding Company 401(k) Plan and Absher Holding Co. Employee Stock Ownership Plan. Smaller plans and plans filed under a subsidiary's number are not grouped here.

How much does Absher Holding Company contribute to its plans?

$2,423,500 in employer contributions across these plans in their latest plan years, about $6,044 per active participant record. Form 5500 reports totals and not the match or accrual formula.

Who provides services to these plans?

Schedule C filings name Gallagher Fiduciary Advisors, LLC and Principal Life Insurance Company. Only organisations paid $5,000 or more by a plan are listed on Schedule C.

Where does this come from?

Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.

Provenance

Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.