Plan Ledger DOL Form 5500 · updated monthly

El Centro de la Raza401(k)

EL CENTRO DE LA RAZA 401(K) PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

El Centro de la Raza reported $9,898 in plan administrative expenses for 2024: 0.20% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,975 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 4 years on file its reported administrative ratio fell from 0.24% to 0.20%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Washington (1,322nd of 1,714), and 2,239th of 3,341 in other services. In 2024, the employer put in $1.98 for every $1.00 employees contributed themselves; active participation has grown from 105 to 152 since 2020.

Plan summary
Net assets, end of year$5,361,496
Participants with balances250
Active participants152
Employer contributions$452,256
Employee contributions$228,744
Employer contribution per active participant$2,975
Average account balance$21,446
Benefits paid to participants$239,224
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2024$5.4M · 250 accts · $452K emplr
2023$4.4M · 205 accts · $350K emplr
2022$3.5M · 190 accts · $300K emplr
2020$2.8M · 140 accts · $259K emplr
The El Centro de la Raza 401(k) match · 2024
Employer contribution per active participant$2,975
Median for plans this size$1,313
2024$2,975 per active participant
2023$2,451 per active participant
2022$1,521 per active participant
2020$2,470 per active participant

El Centro de la Raza'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.

Administrative cost history4
2024$9,898 · 0.20%
2023$9,064 · 0.23%
2022$4,620 · 0.13%
2020$6,105 · 0.24%
Similar plansOther Services · Washington
Puget Collision, LLC WA$5.8M · 0.16%
Epic WA$5.7M · 0.07%
Friends of Youth WA$5.1M · 0.94%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910899927 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.