Plan Ledger DOL Form 5500 · updated monthly

Glp Attorneys, P.S., Inc.401(k)

GLP ATTORNEYS P.S. INC. 401(K) PLAN · SEATTLE, 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

Glp Attorneys, P.S., Inc. reported $14,205 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,564 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 rose from 0.06% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 716th-largest of 1,714 plans among Washington employers on file, and the 5,738th of 11,654 in professional & technical services. In 2024, employees put in $1.91 for every $1.00 the employer contributed; active participation has grown from 81 to 128 since 2022.

Plan summary
Net assets, end of year$19,014,845
Participants with balances186
Active participants128
Employer contributions$584,213
Employee contributions$1,117,656
Employer contribution per active participant$4,564
Average account balance$102,230
Benefits paid to participants$2,433,519
Plan auditUnmodified (clean) audit opinion
AuditorSHANNON & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$19.0M · 186 accts · $584K emplr
2023$16.8M · 177 accts · $491K emplr
2022$13.0M · 114 accts · $479K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,347
Investment management$11,858
Total administrative$14,205
The Glp Attorneys, P.S., Inc. 401(k) match · 2024
Employer contribution per active participant$4,564
Median for plans this size$2,416
2024$4,564 per active participant
2023$4,235 per active participant
2022$5,911 per active participant

Glp Attorneys, P.S., Inc.'s 2024 employer contribution ran above the $2,416 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
EMPOWER ADVISORY GROUP, LLC · Investment management$11,858

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$14,205 · 0.08%
2023$2,582 · 0.02%
2022$8,288 · 0.06%
Same employer
Similar plansProfessional & Technical Services · Washington
Perteet, Inc. WA$19.4M · 0.01%
Tango Card Inc WA$19.2M · 0.04%
Aspect Consulting, LLC WA$19.1M · 0.31%
Farallon Consulting, LLC WA$19.0M · 0.36%
Office Ally, Inc. WA$18.7M · 0.30%
Landau Associates, Inc. WA$18.5M · 0.46%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 911353432 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.