Plan Ledger DOL Form 5500 · updated monthly

Center Art LLC401(k)

CHIHULY GARDEN AND GLASS RETIREMENT PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
1.13%

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

Center Art LLC reported $31,087 in plan administrative expenses for 2024: 1.13% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,806 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 1.19% to 1.13%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Washington (1,497th of 1,714), and 1,068th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.76 for every $1.00 the employer contributed; active participation has grown from 70 to 94 since 2022.

Plan summary
Net assets, end of year$3,028,386
Participants with balances160
Active participants94
Employer contributions$169,800
Employee contributions$299,210
Employer contribution per active participant$1,806
Average account balance$18,927
Benefits paid to participants$199,493
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.0M · 160 accts · $170K emplr
2023$2.5M · 140 accts · $122K emplr
2022$2.0M · 128 accts · $105K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,087
Total administrative$31,087
The Center Art LLC 401(k) match · 2024
Employer contribution per active participant$1,806
Median for plans this size$1,313
2024$1,806 per active participant
2023$1,543 per active participant
2022$1,498 per active participant

Center Art LLC's 2024 employer contribution ran above the $1,313 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$25,073

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$31,087 · 1.13%
2023$22,533 · 1.00%
2022$25,076 · 1.19%
Similar plansArts, Entertainment & Recreation · Washington
Pacific Science Center WA$6.6M · 0.21%
Oki Golf LLC WA$5.2M · 0.38%
Bj's Enterprises, Inc WA$4.7M · 0.36%
Til Gaming, LLC WA$2.1M · 0.28%
Kirkwood & Kirkwood WA$1.9M · 1.56%
Michels Development, LLC WA$1.8M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272154593 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.