Plan Ledger DOL Form 5500 · updated monthly

K2 Sports LLC401(k)

K2 SPORTS 401(K) PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

K2 Sports LLC reported $27,375 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $1,794 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 0.132%. 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 662nd-largest of 1,714 plans among Washington employers on file, and the 1,391st of 5,215 in retail trade. In 2024, employees put in $3.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,139,122
Participants with balances317
Active participants218
Employer contributions$391,130
Employee contributions$1,513,956
Employer contribution per active participant$1,794
Average account balance$66,685
Benefits paid to participants$4,153,216
Plan auditUnmodified (clean) audit opinion
AuditorBAKER TILLY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$21.1M · 317 accts · $391K emplr
2023$20.4M · 332 accts · $399K emplr
2022$16.1M · 328 accts · $324K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,713
Investment management$3,662
Total administrative$27,375
The K2 Sports LLC 401(k) match · 2024
Employer contribution per active participant$1,794
Median for plans this size$2,416
2024$1,794 per active participant
2023$1,557 per active participant
2022$1,404 per active participant

K2 Sports LLC's 2024 employer contribution ran below the $2,416 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 · 20241
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$27,349

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$27,375 · 0.13%
2023$23,078 · 0.13%
2022$23,896 · 0.13%
Same employer
Similar plansRetail Trade · Washington
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%
Cerium Networks, Inc WA$21.1M · 0.44%
Groundspeak, Inc. WA$20.6M · 0.37%
Kelley Connect Co. WA$19.8M · 0.36%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 351175329 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.