Plan Ledger DOL Form 5500 · updated monthly

Abam Services, LLC401(k)

ABAM SERVICES, LLC 401(K) PLAN · LYNNWOOD, WA · plan year 2024

Reported admin expense ratio · 2024
0.07%

Abam Services, LLC reported $576 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. 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 0.30% to 0.07%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Washington (1,640th of 1,714), and 10,962nd of 11,911 in health care & social assistance. active participation has grown from 206 to 383 since 2022.

Plan summary
Net assets, end of year$929,491
Participants with balances188
Active participants383
Employer contributions—
Employee contributions$99,089
Employer contribution per active participant—
Average account balance$4,944
Benefits paid to participants$20,151
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$929K · 188 accts
2023$747K · 180 accts
2022$625K · 187 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$576
Total administrative$576
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
ADP, INC. · Loan processing · Recordkeeping$576

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$576 · 0.07%
2023$1,555 · 0.23%
2022$2,067 · 0.30%
Similar plansHealth Care & Social Assistance · Washington
Millionair Club, Inc. WA$1.1M · 0.03%
Gencare Inc WA$882K · 1.80%
Chief Seattle Club WA$856K · 1.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 862249877 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.