Plan Ledger DOL Form 5500 · updated monthly

Hanford Pension and Savings Plans Committee401(k)

HANFORD GUARDS UNION LOCAL 21 SAVINGS PLAN · RICHLAND, WA · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Hanford Pension and Savings Plans Committee reported $85,126 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $2,962 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 0.14% to 0.16%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other administrative & support services employers. By assets it is the 313th-largest of 1,714 plans among Washington employers on file, and the 284th of 2,534 in administrative & support services. In 2024, employees put in $1.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$54,551,918
Participants with balances318
Active participants294
Employer contributions$870,865
Employee contributions$1,349,371
Employer contribution per active participant$2,962
Average account balance$171,547
Benefits paid to participants$2,647,700
Plan auditUnmodified (clean) audit opinion
AuditorMILLER KAPLAN ARASE,LLP
Plan history3
Yearassets · accounts · employer contribution
2024$54.6M · 318 accts · $871K emplr
2023$48.7M · 322 accts · $818K emplr
2022$41.6M · 320 accts · $831K emplr
The Hanford Pension and Savings Plans Committee 401(k) match · 2024
Employer contribution per active participant$2,962
Median for plans this size$3,635
2024$2,962 per active participant
2023$2,541 per active participant
2022$2,613 per active participant

Hanford Pension and Savings Plans Committee's 2024 employer contribution ran below the $3,635 median for plans its size. 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 · 20244
THE VANGUARD GROUP, INC. · Recordkeeping · Trustee (directed)$10,530
VANGUARD ADVISERS INC. · Investment advisory (participants)$49,660
MILLER KAPLAN ARASE, LLP · Accounting / audit$14,501
DAVIS WRIGHT TREMAINE · Legal$6,321

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$85,126 · 0.16%
2023$71,949 · 0.16%
2022$65,225 · 0.14%
Same employer
Similar plansAdministrative & Support Services · Washington
Muckleshoot Indian Tribe WA$260.0M · 0.11%
Holland America Line N.V. WA$210.1M · 0.11%
Trueblue, Inc. WA$95.6M · 0.34%
Lindblad Expeditions, Inc WA$48.7M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 830947948 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.