Plan Ledger DOL Form 5500 · updated monthly

Hi-School Pharmacy, Inc.401(k)

HI-SCHOOL PHARMACY, INC. MULTIPLE EMPLOYER 401(K) AND PSP & TRUST · VANCOUVER, WA · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

Hi-School Pharmacy, Inc. reported $164,077 in plan administrative expenses for 2024: 0.67% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,083 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 has held roughly steady near 0.67%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 581st-largest of 1,714 plans among Washington employers on file, and the 1,167th of 5,215 in retail trade. In 2024, employees put in $2.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,095,542
Participants with balances389
Active participants394
Employer contributions$426,749
Employee contributions$902,609
Employer contribution per active participant$1,083
Average account balance$67,084
Benefits paid to participants$1,411,569
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.1M · 389 accts · $427K emplr
2023$22.8M · 401 accts · $452K emplr
2022$17.6M · 376 accts · $429K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,209
Investment management$126,868
Total administrative$164,077
The Hi-School Pharmacy, Inc. 401(k) match · 2024
Employer contribution per active participant$1,083
Median for plans this size$2,416
2024$1,083 per active participant
2023$1,130 per active participant
2022$1,159 per active participant

Hi-School Pharmacy, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
SPECTRUM PENSION CONSULTANTS, INC. · Contract administrator · Claims processing$37,209
SLOY, DAHL AND HOLST · Investment advisory (participants) · Investment advisory (plan)$126,868

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

Recordkeeper by year2
2024SPECTRUM PENSION CONSULTANTS, INC.
2023SPECTRUM PENSION CONSULTANTS, INC.

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

Administrative cost history3
2024$164,077 · 0.67%
2023$140,131 · 0.69%
2022$171,866 · 0.70%
Same employer
Similar plansRetail Trade · Washington
Wilson Oil, Inc. WA$30.4M · 0.43%
Dunn Lumber Co., Inc. WA$29.9M · 0.51%
Baffetto, Inc. WA$26.9M · 0.14%
Albert Lee, Inc. WA$26.0M · 0.24%
Car Toys, Inc. WA$25.6M · 0.75%
Blue Nile, Inc. WA$23.2M · 0.28%
University Book Store Inc WA$21.7M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910520572 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.