Plan Ledger DOL Form 5500 · updated monthly

Fairwood Retirement Services, LLC401(k)

FAIRWOOD RETIREMENT SERVICES 401(K) PLAN · SPOKANE, WA · plan year 2022

Reported admin expense ratio · 2022
0.86%

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

Fairwood Retirement Services, LLC reported $3,020 in plan administrative expenses for 2022: 0.86% of average plan assets, below the peer median. Employer contributions averaged $722 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Washington (1,682nd of 1,714), and 11,442nd of 11,911 in health care & social assistance. In 2022, employees put in $2.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$418,175
Participants with balances64
Active participants96
Employer contributions$69,337
Employee contributions$139,570
Employer contribution per active participant$722
Average account balance$6,534
Benefits paid to participants$25,884
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Professional / advisory$1,753
Total administrative$3,020
The Fairwood Retirement Services, LLC 401(k) match · 2022
Employer contribution per active participant$722
Median for plans this size$331

Fairwood Retirement Services, LLC's 2022 employer contribution ran above the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$3,020 · 0.86%
Similar plansHealth Care & Social Assistance · Washington
Mary's Place Seattle WA$594K · 1.10%
Camelot Society WA$483K · 0.67%
Ryther WA$234K · 0.60%
Hope Human Services, LLC WA$173K · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201315955 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.