Plan Ledger DOL Form 5500 · updated monthly

Design Laboratory401(k)

DESIGN LABORATORY INC. 401(K)PLAN · BELLEVUE, WA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Design Laboratory reported $4,834 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,785 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 0.13% to 0.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Washington (1,255th of 1,714), and 9,196th of 11,654 in professional & technical services. In 2024, employees put in $2.83 for every $1.00 the employer contributed; active participation has shrunk from 104 to 69 since 2022.

Plan summary
Net assets, end of year$6,542,469
Participants with balances80
Active participants69
Employer contributions$192,187
Employee contributions$544,610
Employer contribution per active participant$2,785
Average account balance$81,781
Benefits paid to participants$523,149
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.5M · 80 accts · $192K emplr
2023$5.5M · 181 accts · $207K emplr
2022$4.7M · 133 accts · $258K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,834
Total administrative$4,834
The Design Laboratory 401(k) match · 2024
Employer contribution per active participant$2,785
Median for plans this size$1,313
2024$2,785 per active participant
2023$1,146 per active participant
2022$2,476 per active participant

Design Laboratory's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20242
PENTEGRA SERVICES INC · Contract administrator$10,248

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$4,834 · 0.08%
2023$7,327 · 0.14%
2022$6,390 · 0.13%
Similar plansProfessional & Technical Services · Washington
Resolvit Resources LLC WA$7.2M · 0.09%
Valant Medical Solutions WA$6.7M · 0.08%
Snbl USA, LTD. WA$6.6M · 0.81%
Seven Two, Inc. WA$6.5M · 0.57%
Wellhaven Pet Health, LLC WA$6.3M · 0.09%
M.Torres America, Inc. WA$6.2M · 0.46%
Blink Interactive, Inc WA$6.1M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911684539 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.