Plan Ledger DOL Form 5500 · updated monthly

Aspect Consulting, LLC401(k)

ASPECT CONSULTING, LLC 401(K) PROFIT SHARING PLAN · BAINBRIDGE ISLAND, WA · plan year 2023

Reported admin expense ratio · 2023
0.31%

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

Aspect Consulting, LLC reported $56,161 in plan administrative expenses for 2023: 0.31% of average plan assets, above the peer median. Employer contributions averaged $3,404 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 0.37% to 0.31%. 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 713th-largest of 1,714 plans among Washington employers on file, and the 5,724th of 11,654 in professional & technical services. In 2023, employees put in $3.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,104,951
Participants with balances155
Active participants118
Employer contributions$401,642
Employee contributions$1,356,615
Employer contribution per active participant$3,404
Average account balance$123,258
Benefits paid to participants$3,497,860
Plan auditUnmodified (clean) audit opinion
AuditorBPM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$19.1M · 155 accts · $402K emplr
2022$17.4M · 155 accts · $471K emplr
Administrative expenses, itemized · 2023
Investment management$56,161
Total administrative$56,161
The Aspect Consulting, LLC 401(k) match · 2023
Employer contribution per active participant$3,404
Median for plans this size$2,440
2023$3,404 per active participant
2022$3,891 per active participant

Aspect Consulting, 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 · 20234
HIGHTOWER ADVISORS LLC · Investment advisory (plan)$44,385
EMPOWER ADVISORY GROUP, LLC · Investment management$2,838
HUNNEX AND SHOEMAKER INC · Contract administrator$1,750

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

Administrative cost history3
2024Not separately reported
2023$56,161 · 0.31%
2022$75,430 · 0.37%
Same employer
Similar plansProfessional & Technical Services · Washington
Fresh Consulting, Inc. WA$19.8M · 0.59%
Kymeta Corporation WA$19.8M · 0.21%
Perteet, Inc. WA$19.4M · 0.01%
Tango Card Inc WA$19.2M · 0.04%
Farallon Consulting, LLC WA$19.0M · 0.36%
Glp Attorneys, P.S., Inc. WA$19.0M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 912149055 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.