Plan Ledger DOL Form 5500 · updated monthly

Cashmere Valley Bank401(k)

CASHMERE VALLEY BANK 401(K) PROFIT SHARING PLAN · CASHMERE, WA · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Cashmere Valley Bank reported $99,927 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $2,645 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 rose from 0.30% to 0.34%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 520th-largest of 1,714 plans among Washington employers on file, and the 2,391st of 4,798 in finance & insurance. In 2024, employees put in $1.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$30,608,565
Participants with balances394
Active participants276
Employer contributions$730,114
Employee contributions$1,378,820
Employer contribution per active participant$2,645
Average account balance$77,687
Benefits paid to participants$4,505,806
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.6M · 394 accts · $730K emplr
2023$28.4M · 380 accts · $725K emplr
2022$23.8M · 367 accts · $683K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$99,927
Total administrative$99,927
The Cashmere Valley Bank 401(k) match · 2024
Employer contribution per active participant$2,645
Median for plans this size$2,416
2024$2,645 per active participant
2023$2,735 per active participant
2022$2,530 per active participant

Cashmere Valley Bank's 2024 employer contribution ran above the $2,416 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$99,927

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$99,927 · 0.34%
2023$86,343 · 0.33%
2022$77,181 · 0.30%
Same employer
Similar plansFinance & Insurance · Washington
Verus Advisory, Inc. WA$37.1M · 0.06%
Kitsap Credit Union WA$32.3M · 0.20%
Moneytree, Inc. WA$30.0M · 0.43%
Hapo Community Credit Union WA$29.7M · 0.55%
Riverview Bancorp, Inc. WA$27.2M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910168460 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.