Plan Ledger DOL Form 5500 · updated monthly

Affirma, LLC401(k)

AFFIRMA, LLC 401(K) PLAN · BELLEVUE, WA · plan year 2023

Reported admin expense ratio · 2023
0.02%

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

Affirma, LLC reported $2,850 in plan administrative expenses for 2023: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,244 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 fell from 0.03% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 832nd-largest of 1,714 plans among Washington employers on file, and 6,476th of 11,654 in professional & technical services. In 2023, employees put in $2.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,424,792
Participants with balances339
Active participants250
Employer contributions$811,081
Employee contributions$1,810,795
Employer contribution per active participant$3,244
Average account balance$45,501
Benefits paid to participants$647,210
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$15.4M · 339 accts · $811K emplr
2022$10.8M · 326 accts · $863K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,850
Total administrative$2,850
The Affirma, LLC 401(k) match · 2023
Employer contribution per active participant$3,244
Median for plans this size$2,440
2023$3,244 per active participant
2022$2,774 per active participant

Affirma, LLC's 2023 employer contribution ran above the $2,440 median for plans its size. 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 · 20231
THE VANGUARD GROUP, INC. · Recordkeeping$2,850

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$2,850 · 0.02%
2022$3,720 · 0.03%
Similar plansProfessional & Technical Services · Washington
Accelalpha, Inc. WA$16.1M · 0.43%
A Place for Rover, Inc. WA$16.0M · 0.04%
Snap Mobile Inc. WA$15.7M · 0.05%
Jeffreym Consulting, LLC WA$15.6M · 0.54%
Pace Engineers, Inc. WA$15.0M · 0.41%
Liberty Admin Services, LLC WA$14.9M · 0.32%
Bluehawk, LLC WA$14.9M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270019537 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.