Plan Ledger DOL Form 5500 · updated monthly

Allen Institute401(k)

ALLEN INSTITUTE 401(K) PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Allen Institute reported $29,623 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,557 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 0.05% to 0.02%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 130th-largest of 1,714 plans among Washington employers on file, and the 1,040th of 11,654 in professional & technical services. In 2024, employees put in $2.20 for every $1.00 the employer contributed; active participation has grown from 670 to 952 since 2022.

Plan summary
Net assets, end of year$149,831,954
Participants with balances1,265
Active participants952
Employer contributions$6,242,338
Employee contributions$13,716,650
Employer contribution per active participant$6,557
Average account balance$118,444
Benefits paid to participants$8,744,006
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$149.8M · 1,265 accts · $6.2M emplr
2023$116.2M · 1,125 accts · $4.9M emplr
2022$85.0M · 968 accts · $4.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,623
Total administrative$29,623
The Allen Institute 401(k) match · 2024
Employer contribution per active participant$6,557
Median for plans this size$3,635
2024$6,557 per active participant
2023$5,901 per active participant
2022$6,141 per active participant

Allen Institute's 2024 employer contribution ran above the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$29,623

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$29,623 · 0.02%
2023$30,026 · 0.03%
2022$48,460 · 0.05%
Same employer
Similar plansProfessional & Technical Services · Washington
Zoominfo Technologies LLC WA$188.4M · 0.25%
Parametrix, Inc. WA$159.2M · 0.06%
Insitu, Inc. WA$158.4M · 0.12%
Point B, Inc. WA$152.2M · 0.04%
Anvil Corporation WA$130.1M · 0.16%
Shannon & Wilson, Inc. WA$127.9M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 912155317 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.