Plan Ledger DOL Form 5500 · updated monthly

Anchor Qea, LLC401(k)

ANCHOR QEA 401(K) PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Anchor Qea, LLC reported $215,948 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $3,226 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 rose from 0.15% to 0.21%. 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 164th-largest of 1,714 plans among Washington employers on file, and the 1,380th of 11,654 in professional & technical services. In 2024, employees put in $3.06 for every $1.00 the employer contributed; active participation has grown from 457 to 525 since 2022.

Plan summary
Net assets, end of year$109,978,237
Participants with balances622
Active participants525
Employer contributions$1,693,639
Employee contributions$5,183,495
Employer contribution per active participant$3,226
Average account balance$176,814
Benefits paid to participants$6,868,477
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$110.0M · 622 accts · $1.7M emplr
2023$94.5M · 584 accts · $1.8M emplr
2022$76.3M · 536 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$115,948
Investment management$100,000
Total administrative$215,948
The Anchor Qea, LLC 401(k) match · 2024
Employer contribution per active participant$3,226
Median for plans this size$3,635
2024$3,226 per active participant
2023$3,675 per active participant
2022$3,630 per active participant

Anchor Qea, LLC's 2024 employer contribution ran below 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 · 20243
FLEX-PLAN RETIREMENT SERVICES$18,818
BENSLER LLCindirect comp
CLARK NUBER P.S. · Accounting / auditindirect comp

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$215,948 · 0.21%
2023$195,037 · 0.23%
2022$125,245 · 0.15%
Same employer
Similar plansProfessional & Technical Services · Washington
Anvil Corporation WA$130.1M · 0.16%
Shannon & Wilson, Inc. WA$127.9M · 0.12%
Terrapower, LLC WA$96.7M · 0.00%
William H. Gates III WA$92.2M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911851322 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.