Plan Ledger DOL Form 5500 · updated monthly

Aesthetic Physicians P.C.401(k)

FUTURE SAVINGS 401(K) RETIREMENT PLAN · KIRKLAND, WA · plan year 2023

Reported admin expense ratio · 2023
0.79%

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

Aesthetic Physicians P.C. reported $64,681 in plan administrative expenses for 2023: 0.79% of average plan assets, above the peer median. Employer contributions averaged $30 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 1 year on file its reported administrative ratio rose from 0.63% to 0.79%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Washington (1,115th of 1,714), and 5,982nd of 11,911 in health care & social assistance. In 2023, employees put in $614.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,196,856
Participants with balances193
Active participants153
Employer contributions$4,653
Employee contributions$2,857,899
Employer contribution per active participant$30
Average account balance$47,652
Benefits paid to participants$658,807
Plan auditUnmodified (clean) audit opinion
AuditorMANSPERGER PATTERSON & MCMULLIN, PL
Plan history2
Yearassets · accounts · employer contribution
2023$9.2M · 193 accts · $5K emplr
2022$7.1M · 404 accts · $24K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$64,681
Total administrative$64,681
The Aesthetic Physicians P.C. 401(k) match · 2023
Employer contribution per active participant$30
Median for plans this size$1,308
2023$30 per active participant
2022$64 per active participant

Aesthetic Physicians P.C.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$64,681
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history2
2023$64,681 · 0.79%
2022$40,433 · 0.63%
Similar plansHealth Care & Social Assistance · Washington
Jewish Family Service WA$9.9M · 0.05%
Sunrise Services, Inc. WA$9.3M · 0.79%
Treehouse WA$9.1M · 0.08%
Sound Generations WA$9.0M · 0.35%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 270333884 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.