Plan Ledger DOL Form 5500 · updated monthly

Kitsap Physical Therapy and Sports Clinic, P.S. Inc.401(k)

KITSAP PHYSICAL THERAPY AND SPORTS CLINIC, P.S. INC. 401(K) · SILVERDALE, WA · plan year 2022

Reported admin expense ratio · 2022
0.68%

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

Kitsap Physical Therapy and Sports Clinic, P.S. Inc. reported $53,193 in plan administrative expenses for 2022: 0.68% of average plan assets, above the peer median. Employer contributions averaged $1,348 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Washington (1,221st of 1,714), and 6,766th of 11,911 in health care & social assistance. In 2022, employees put in $2.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,212,211
Participants with balances97
Active participants138
Employer contributions$186,032
Employee contributions$518,065
Employer contribution per active participant$1,348
Average account balance$74,353
Benefits paid to participants$607,964
Plan auditUnmodified (clean) audit opinion
AuditorREKDAL HOPKINS HOWARD
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$19,620
Investment management$33,573
Total administrative$53,193
The Kitsap Physical Therapy and Sports Clinic, P.S. Inc. 401(k) match · 2022
Employer contribution per active participant$1,348
Median for plans this size$1,114

Kitsap Physical Therapy and Sports Clinic, P.S. Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$53,193 · 0.68%
Similar plansHealth Care & Social Assistance · Washington
Ro Health, Inc. WA$7.5M · 0.14%
People for People WA$7.1M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911940669 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.