Plan Ledger DOL Form 5500 · updated monthly

3MD, Inc.401(k)

3MD, INC. 401(K) PLAN · REDMOND, WA · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

3MD, Inc. reported $124,231 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $200 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 0.67% to 0.57%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 618th-largest of 1,714 plans among Washington employers on file, and the 4,971st of 11,654 in professional & technical services. In 2024, employees put in $27.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,533,473
Participants with balances670
Active participants563
Employer contributions$112,623
Employee contributions$3,065,315
Employer contribution per active participant$200
Average account balance$35,125
Benefits paid to participants$1,927,574
Plan auditUnmodified (clean) audit opinion
AuditorSABEY CPA, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$23.5M · 670 accts · $113K emplr
2023$19.8M · 661 accts · $132K emplr
2022$15.4M · 709 accts · $147K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$90,513
Investment management$33,718
Total administrative$124,231
The 3MD, Inc. 401(k) match · 2024
Employer contribution per active participant$200
Median for plans this size$2,416
2024$200 per active participant
2023$255 per active participant
2022$256 per active participant

3MD, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
LINCOLN NATIONAL CORPORATION · Contract administrator$90,513
USI SECURITIES, INC. · Investment advisory (participants)$33,175

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$124,231 · 0.57%
2023$112,963 · 0.64%
2022$106,060 · 0.67%
Same employer
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Spur Reply, LLC WA$24.1M · 0.27%
Keywords US Holdings, Inc. WA$23.6M · 0.71%
Skytap, Inc. WA$23.6M · 0.39%
98POINT6 Inc. WA$23.4M
Bluetooth Sig Inc WA$23.1M · 0.29%
W. B. Sprague Company, Inc. WA$23.1M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261460116 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.