Plan Ledger DOL Form 5500 · updated monthly

Anchor Point Management Group, LLC401(k)

ANCHOR POINT MANAGEMENT GROUP EMPLOYEE BENEFIT PLAN · VANCOUVER, WA · plan year 2024

Reported admin expense ratio · 2024
0.87%

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

Anchor Point Management Group, LLC reported $181,837 in plan administrative expenses for 2024: 0.87% of average plan assets, higher than ~90% of peers. Employer contributions averaged $166 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 640th-largest of 1,714 plans among Washington employers on file, and the 269th of 2,240 in accommodation & food services. In 2024, employees put in $2.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,432,018
Participants with balances988
Active participants9,415
Employer contributions$1,563,703
Employee contributions$3,166,913
Employer contribution per active participant$166
Average account balance$22,704
Benefits paid to participants$4,270,849
Plan auditUnmodified (clean) audit opinion
AuditorJ. MOYNA CPA
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$181,837
Total administrative$181,837
The Anchor Point Management Group, LLC 401(k) match · 2024
Employer contribution per active participant$166
Median for plans this size$2,416

Anchor Point Management Group, LLC'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 · 20243
ADP, INC. · Recordkeeping$111,192
HA&W WEALTH MANAGEMENT LLC · Recordkeeping · Trustee$47,236
NOVA 401(K) ASSOCIATES · Recordkeeping · Pension consulting$23,410

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

Administrative cost history1
2024$181,837 · 0.87%
Similar plansAccommodation & Food Services · Washington
R.C. Hedreen Company WA$47.4M · 0.05%
Port Madison Enterprises WA$41.5M · 0.43%
Mad Anthonys, Inc. WA$33.7M · 0.44%
Ivar's, Inc. WA$22.9M · 0.42%
Pacific Bells, Inc. WA$19.6M · 0.51%
Hawthorn Senior Living, LLC WA$17.2M · 0.90%
Space Needle LLC WA$16.4M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 922810794 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.