Prime Line Utility Services, LLC 401(k) Review & Grade
Primeline Utility Services, LLC 401(k) Plan
Seattle, WAConstruction2,250 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,482Employer $ per active participant
$4,723Employee $ saved per active participant
0.28%Direct admin cost, % of plan assets
$113.8MNet plan assets, end of year
$42,535Average balance per account
Score breakdown
- Employer generosity22.2 / 5044th percentile for employer $ per participant
- Low cost10.8 / 2543th percentile for low admin cost vs. same-size plans
- Employee saving8.8 / 1558th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score49 / 100 · Grade C
This plan vs. peers
Peers: Construction plans with 500–2,499 active participants (498 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 44th |
| Lower admin cost | 43th |
| Employee saving | 58th |
| Peers that auto-enroll | 44% |
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Red flags from the filing
Corrective distributions: the plan refunded $638 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Prime Line Utility Services put in about $1,482 per active participant, below the typical peer ($1,672). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $3,334,964 |
| Participant (employee) contributions | $10,629,573 |
| Other contributions (incl. rollovers in) | $1,776,912 |
| Administrative expenses paid from the plan | $300,877 |
| Other admin expenses | $300,877 |
| Benefits paid out | $16,058,291 |
| Net assets, start / end of year | $101.8M / $113.8M |
| Active participants, start / end of year | 2,266 / 2,235 |
| Participants with account balances | 2,676 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Keiter |
Largest service providers (Schedule C)
| The Vanguard Group, Inc. | $312,977 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013170515NAL0002480208001, received 2025-10-13, EIN 80-0950927, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.