Plan Ledger DOL Form 5500 · updated monthly

Auction Edge401(k)

AUCTION EDGE INC 401K PROFIT SHARING PLAN AND TRUST · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.65%

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

Auction Edge reported $61,199 in plan administrative expenses for 2024: 0.65% of average plan assets, above the peer median. Employer contributions averaged $3,055 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 0.47% to 0.65%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Washington (1,047th of 1,714), and 7,853rd of 11,654 in professional & technical services. In 2024, employees put in $2.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,467,344
Participants with balances141
Active participants123
Employer contributions$375,808
Employee contributions$1,113,652
Employer contribution per active participant$3,055
Average account balance$74,236
Benefits paid to participants$792,741
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.5M · 141 accts · $376K emplr
2023$8.4M · 130 accts · $327K emplr
2022$6.1M · 124 accts · $311K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,199
Total administrative$61,199
The Auction Edge 401(k) match · 2024
Employer contribution per active participant$3,055
Median for plans this size$1,313
2024$3,055 per active participant
2023$2,797 per active participant
2022$2,707 per active participant

Auction Edge's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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.

Administrative cost history3
2024$61,199 · 0.65%
2023$48,493 · 0.67%
2022$29,642 · 0.47%
Same employer
Similar plansProfessional & Technical Services · Washington
The Rushing Company WA$10.8M · 0.01%
Cloudfit Software LLC WA$10.7M · 0.63%
Strategies 360, Inc. WA$10.6M · 0.62%
Teleion LLC WA$10.4M · 0.45%
Doxo, Inc. WA$10.2M · 0.13%
Domaintools, LLC WA$10.1M · 0.10%
Bcra, Inc. WA$10.0M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454476476 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.