Plan Ledger DOL Form 5500 · updated monthly

K.M Parker, Inc.401(k)

K. M. PARKER, INC. 401(K) RETIREMENT PLAN · SILVERDALE, WA · plan year 2024

Reported admin expense ratio · 2024
2.84%

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

K.M Parker, Inc. reported $12,297 in plan administrative expenses for 2024: 2.84% of average plan assets, higher than ~75% of peers. Employer contributions averaged $147 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 1 year on file its reported administrative ratio rose from 0.65% to 2.84%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Washington (1,670th of 1,714), and 1,884th of 2,240 in accommodation & food services. In 2024, employees put in $6.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$555,067
Participants with balances259
Active participants271
Employer contributions$39,876
Employee contributions$256,259
Employer contribution per active participant$147
Average account balance$2,143
Benefits paid to participants$92,633
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$555K · 259 accts · $40K emplr
2023$310K · 326 accts · $40K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,233
Investment management$1,064
Total administrative$12,297
The K.M Parker, Inc. 401(k) match · 2024
Employer contribution per active participant$147
Median for plans this size$540
2024$147 per active participant
2023$171 per active participant

K.M Parker, Inc.'s 2024 employer contribution ran below the $540 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 · 20241
ADP, INC. · Recordkeeping$11,233

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

Recordkeeper by year2
2024ADP
2023ADP

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Administrative cost history2
2024$12,297 · 2.84%
2023$1,130 · 0.65%
Similar plansAccommodation & Food Services · Washington
Wenspok Resources LLC WA$695K · 2.05%
Nooksack Indian Tribe WA$596K · 0.05%
Heavy Restaurant Group WA$561K · 0.70%
Ascend Hospitality Group WA$507K · 0.50%
J H Management LLC WA$491K · 1.94%
The Food Co-Op WA$447K · 1.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450667924 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.