Plan Ledger DOL Form 5500 · updated monthly

Bcra, Inc.401(k)

BCRA, INC 401(K) RETIREMENT SAVINGS PLAN · TACOMA, WA · plan year 2023

Reported admin expense ratio · 2023
0.45%

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

Bcra, Inc. reported $43,128 in plan administrative expenses for 2023: 0.45% of average plan assets, below the peer median. Employer contributions averaged $3,998 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 rose from 0.38% to 0.45%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Washington (1,074th of 1,714), and 8,008th of 11,654 in professional & technical services. In 2023, employees put in $2.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,987,826
Participants with balances96
Active participants61
Employer contributions$243,871
Employee contributions$680,655
Employer contribution per active participant$3,998
Average account balance$104,040
Benefits paid to participants$1,456,496
Plan auditUnmodified (clean) audit opinion
AuditorSHANNON & ASSOCIATES, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$10.0M · 96 accts · $244K emplr
2022$9.0M · 106 accts · $266K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$15,678
Investment management$27,450
Total administrative$43,128
The Bcra, Inc. 401(k) match · 2023
Employer contribution per active participant$3,998
Median for plans this size$1,308
2023$3,998 per active participant
2022$3,286 per active participant

Bcra, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
ASCENSUS LLC · Loan processing · Recordkeeping$15,678
USI ADVISORS INC · Investment advisory (plan)$27,450

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

Administrative cost history2
2023$43,128 · 0.45%
2022$35,847 · 0.38%
Similar plansProfessional & Technical Services · Washington
Auction Edge WA$10.5M · 0.65%
Teleion LLC WA$10.4M · 0.45%
Doxo, Inc. WA$10.2M · 0.13%
Domaintools, LLC WA$10.1M · 0.10%
Prr, Inc. WA$9.9M · 0.01%
Prime 8 LLC WA$9.6M · 0.85%
Formidable Labs WA$9.5M · 0.02%
Allyis WA$9.4M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911447237 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.