Plan Ledger DOL Form 5500 · updated monthly

Buron, Inc.401(k)

HIGHGATE RETIREMENT LIVING 401(K)/PROFIT SHARING PLAN · ISSAQUAH, WA · plan year 2024

Reported admin expense ratio · 2024
0.80%

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

Buron, Inc. reported $42,799 in plan administrative expenses for 2024: 0.80% of average plan assets, above the peer median. Employer contributions averaged $473 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 0.87% to 0.80%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Washington (1,311th of 1,714), and 7,560th of 11,911 in health care & social assistance. In 2024, employees put in $2.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,635,480
Participants with balances217
Active participants559
Employer contributions$264,653
Employee contributions$545,778
Employer contribution per active participant$473
Average account balance$25,970
Benefits paid to participants$935,359
Plan auditUnmodified (clean) audit opinion
AuditorVISSE & COMPANY-CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$5.6M · 217 accts · $265K emplr
2023$5.1M · 221 accts · $268K emplr
2022$4.0M · 215 accts · $252K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,799
Total administrative$42,799
The Buron, Inc. 401(k) match · 2024
Employer contribution per active participant$473
Median for plans this size$1,313
2024$473 per active participant
2023$506 per active participant
2022$485 per active participant

Buron, Inc.'s 2024 employer contribution ran below the $1,313 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
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$42,799

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$42,799 · 0.80%
2023$37,059 · 0.82%
2022$36,995 · 0.87%
Same employer
Similar plansHealth Care & Social Assistance · Washington
Full Life Care WA$5.8M · 0.04%
Nspt Inc WA$5.7M · 0.13%
Columbia Wellness WA$5.7M · 0.87%
Millennium Advisors, Inc. WA$5.7M · 1.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911644879 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.