Plan Ledger DOL Form 5500 · updated monthly

Gravis Law, PLLC401(k)

GRAVIS LAW, PLLC 401(K) PLAN · RICHLAND, WA · plan year 2024

Reported admin expense ratio · 2024
1.13%

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

Gravis Law, PLLC reported $42,181 in plan administrative expenses for 2024: 1.13% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,324 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 1.42% to 1.13%. 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 (1,412th of 1,714), and 10,097th of 11,654 in professional & technical services. In 2024, employees put in $1.73 for every $1.00 the employer contributed; active participation has grown from 139 to 184 since 2022.

Plan summary
Net assets, end of year$4,187,436
Participants with balances178
Active participants184
Employer contributions$427,693
Employee contributions$741,146
Employer contribution per active participant$2,324
Average account balance$23,525
Benefits paid to participants$634,608
Plan auditUnmodified (clean) audit opinion
AuditorPUGH CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$4.2M · 178 accts · $428K emplr
2023$3.3M · 149 accts · $409K emplr
2022$2.2M · 190 accts · $405K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,884
Investment management$29,063
Trustee / custodial$6,234
Total administrative$42,181
The Gravis Law, PLLC 401(k) match · 2024
Employer contribution per active participant$2,324
Median for plans this size$1,313
2024$2,324 per active participant
2023$2,088 per active participant
2022$2,911 per active participant

Gravis Law, PLLC'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
ALERUS FINANCIAL, NA · Recordkeeping · Trustee$13,118
PETERSON HASTINGS INVESTMENT MGMT · Investment advisory (plan)$29,063

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Alerus
2023Alerus

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Administrative cost history3
2024$42,181 · 1.13%
2023$35,084 · 1.29%
2022$26,999 · 1.42%
Same employer
Similar plansProfessional & Technical Services · Washington
Weinstein & Riley, P.S. WA$4.5M · 0.00%
Probi USA, Inc. WA$4.4M · 0.53%
Echonous, Inc. WA$3.9M · 0.04%
Twinstrand Biosciences WA$3.8M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463869539 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.