Plan Ledger DOL Form 5500 · updated monthly

Bellevue Healthcare II Inc.401(k)

BELLEVUE HEALTHCARE 401(K) PLAN · REDMOND, WA · plan year 2023

Reported admin expense ratio · 2023
1.17%

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

Bellevue Healthcare II Inc. reported $53,707 in plan administrative expenses for 2023: 1.17% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,261 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 0.84% to 1.17%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Washington (1,337th of 1,714), and 3,707th of 5,215 in retail trade. In 2023, employees put in $1.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,188,216
Participants with balances169
Active participants246
Employer contributions$310,156
Employee contributions$441,829
Employer contribution per active participant$1,261
Average account balance$30,700
Benefits paid to participants$348,082
Plan auditUnmodified (clean) audit opinion
AuditorJONES & ROTH
Plan history2
Yearassets · accounts · employer contribution
2023$5.2M · 169 accts · $310K emplr
2022$4.0M · 197 accts · $282K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$29,695
Investment management$8,500
Audit (IQPA)$12,500
Trustee / custodial$3,012
Total administrative$53,707
The Bellevue Healthcare II Inc. 401(k) match · 2023
Employer contribution per active participant$1,261
Median for plans this size$1,308
2023$1,261 per active participant
2022$1,214 per active participant

Bellevue Healthcare II Inc.'s 2023 employer contribution ran below the $1,308 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 · 20233
LEADING RETIREMENT SOLUTIONS · Recordkeeping$32,760
JONES & ROTH · Accounting / audit$12,500
RIGGS WEALTH MANAGEMENT · Investment advisory (plan)$8,500

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$53,707 · 1.17%
2022$34,439 · 0.84%
Same employer
Similar plansRetail Trade · Washington
Rodland Motor Company WA$6.6M · 0.31%
Ziegler Lumber Company WA$6.4M · 0.01%
Valley Cash & Carry WA$5.0M · 0.53%
New Nwf LLC WA$4.9M · 0.15%
Hardware Sales, Inc. WA$4.8M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800624923 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.