Plan Ledger DOL Form 5500 · updated monthly

Farwest Sports Inc401(k)

RETIREMENT INCOME SECURITY PLAN-FARWEST SPORTS INC · FIFE, WA · plan year 2022

Reported admin expense ratio · 2022
1.14%

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

Farwest Sports Inc reported $39,220 in plan administrative expenses for 2022: 1.14% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,316 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Washington (1,477th of 1,714), and 4,263rd of 5,215 in retail trade. In 2022, employees put in $1.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,304,847
Participants with balances88
Active participants123
Employer contributions$284,860
Employee contributions$286,514
Employer contribution per active participant$2,316
Average account balance$37,555
Benefits paid to participants$188,254
Plan auditUnmodified (clean) audit opinion
AuditorBAS PARTNERS
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$13,950
Investment management$25,270
Total administrative$39,220
The Farwest Sports Inc 401(k) match · 2022
Employer contribution per active participant$2,316
Median for plans this size$1,114

Farwest Sports Inc's 2022 employer contribution ran above the $1,114 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$39,220 · 1.14%
Similar plansRetail Trade · Washington
Kaspien Inc. WA$4.0M · 1.02%
Thrive Causemetics, Inc. WA$3.9M · 0.17%
Five Star Motors, Inc. WA$3.5M
Sunfair Chevrolet, Inc. WA$3.4M · 0.84%
Sst Group, LLC WA$3.1M · 0.82%
Poulsbo Rv, Inc. WA$3.0M · 0.61%
Fred's Appliance, Inc. WA$2.7M · 0.82%
Hispanic Foods, Inc. WA$2.5M · 1.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910784372 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.