Plan Ledger DOL Form 5500 · updated monthly

Groundspeak, Inc.401(k)

GROUNDSPEAK, INC. 401K PLAN · SEATTLE, WA · plan year 2025

Reported admin expense ratio · 2025
0.37%

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

Groundspeak, Inc. reported $68,825 in plan administrative expenses for 2025: 0.37% of average plan assets, above the peer median. Employer contributions averaged $5,194 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 3 years on file its reported administrative ratio fell from 0.39% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other retail trade employers. By assets it is the 676th-largest of 1,714 plans among Washington employers on file, and the 1,424th of 5,215 in retail trade. In 2025, employees put in $2.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,595,497
Participants with balances126
Active participants91
Employer contributions$472,610
Employee contributions$1,148,454
Employer contribution per active participant$5,194
Average account balance$163,456
Benefits paid to participants$921,840
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$20.6M · 126 accts · $473K emplr
2024$16.9M · 127 accts · $469K emplr
2023$13.9M · 128 accts · $456K emplr
2022$10.6M · 130 accts · $445K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$23,691
Investment management$39,935
Trustee / custodial$5,199
Total administrative$68,825
The Groundspeak, Inc. 401(k) match · 2025
Employer contribution per active participant$5,194
Median for plans this size$2,666
2025$5,194 per active participant
2024$5,271 per active participant
2023$5,065 per active participant
2022$4,498 per active participant

Groundspeak, Inc.'s 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
WESPAC PLAN SERVICES, LLC · Contract administrator · Recordkeeping$23,691
WESPAC ADVISORS, LLC · Investment advisory (participants) · Investment advisory (plan)$39,935
CHARLES SCHWAB TRUST BANK · Contract administrator$5,199

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

Recordkeeper by year3
2025WESPAC PLAN SERVICES, LLC
2024WESPAC PLAN SERVICES, LLC
2023WESPAC PLAN SERVICES, LLC

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Administrative cost history4
2025$68,825 · 0.37%
2024$59,227 · 0.38%
2023$44,256 · 0.36%
2022$43,378 · 0.39%
Similar plansRetail Trade · Washington
Blue Nile, Inc. WA$23.2M · 0.28%
University Book Store Inc WA$21.7M · 0.19%
K2 Sports LLC WA$21.1M · 0.13%
Cerium Networks, Inc WA$21.1M · 0.44%
Kelley Connect Co. WA$19.8M · 0.36%
Tacoma Screw Products, Inc. WA$18.8M · 0.23%
Hinshaw WA$18.3M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 912144859 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.