Plan Ledger DOL Form 5500 · updated monthly

Brooks Sports, Inc.401(k)

BROOKS SAVE HAPPY 401(K) PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Brooks Sports, Inc. reported $107,540 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $4,249 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 0.14% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 187th-largest of 1,714 plans among Washington employers on file, and the 1,973rd of 13,661 in manufacturing. In 2024, employees put in $2.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$95,631,994
Participants with balances1,120
Active participants877
Employer contributions$3,726,529
Employee contributions$8,287,796
Employer contribution per active participant$4,249
Average account balance$85,386
Benefits paid to participants$7,318,180
Plan auditUnmodified (clean) audit opinion
AuditorSHANNON & ASSOCIATES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$95.6M · 1,120 accts · $3.7M emplr
2023$77.1M · 1,061 accts · $3.3M emplr
2022$57.2M · 1,021 accts · $2.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$107,540
Total administrative$107,540
The Brooks Sports, Inc. 401(k) match · 2024
Employer contribution per active participant$4,249
Median for plans this size$3,635
2024$4,249 per active participant
2023$4,112 per active participant
2022$3,553 per active participant

Brooks Sports, Inc.'s 2024 employer contribution ran above the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$112,126

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$107,540 · 0.12%
2023$64,130 · 0.10%
2022$85,215 · 0.14%
Same employer
Similar plansManufacturing · Washington
Pyrotek Incorporated WA$105.2M · 0.26%
Columbia Machine, Inc. WA$104.2M · 0.21%
Northwest Hardwoods, Inc. WA$92.2M · 0.22%
Tree Top, Inc. WA$82.5M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911580860 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.