Plan Ledger DOL Form 5500 · updated monthly

Boys & Girls Clubs of King County, Inc.401(k)

BOYS & GIRLS CLUBS OF KING COUNTY RETIREMENT PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Boys & Girls Clubs of King County, Inc. reported $1,060 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $514 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 fell from 0.02% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Washington (1,004th of 1,714), and the 1,532nd of 3,341 in other services. In 2024, employees put in $2.37 for every $1.00 the employer contributed; active participation has grown from 280 to 430 since 2022.

Plan summary
Net assets, end of year$11,389,290
Participants with balances177
Active participants430
Employer contributions$220,814
Employee contributions$523,120
Employer contribution per active participant$514
Average account balance$64,346
Benefits paid to participants$439,600
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.4M · 177 accts · $221K emplr
2023$9.9M · 180 accts · $225K emplr
2022$8.5M · 174 accts · $193K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$926
Investment management$134
Total administrative$1,060
The Boys & Girls Clubs of King County, Inc. 401(k) match · 2024
Employer contribution per active participant$514
Median for plans this size$2,416
2024$514 per active participant
2023$839 per active participant
2022$689 per active participant

Boys & Girls Clubs of King County, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$926

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$1,060 · 0.01%
2023$2,500 · 0.03%
2022$1,835 · 0.02%
Same employer
Similar plansOther Services · Washington
Car Wash Enterprises, Inc. WA$12.5M · 0.22%
Orion Industries, Inc. WA$11.8M · 0.51%
Continuant, Inc. WA$11.4M · 0.39%
Seattle Tennis Club WA$10.6M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910532600 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.