Plan Ledger DOL Form 5500 · updated monthly

La Clippers LLC401(k)

SB HOLDINGS 401(K) PLAN · BELLEVUE, WA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

La Clippers LLC reported $50,521 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,838 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 0.10% to 0.11%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 346th-largest of 1,714 plans among Washington employers on file, and the 204th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.09 for every $1.00 the employer contributed; active participation has grown from 435 to 595 since 2022.

Plan summary
Net assets, end of year$49,678,885
Participants with balances802
Active participants595
Employer contributions$4,068,339
Employee contributions$4,450,003
Employer contribution per active participant$6,838
Average account balance$61,944
Benefits paid to participants$4,735,734
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$49.7M · 802 accts · $4.1M emplr
2023$38.8M · 679 accts · $2.5M emplr
2022$27.8M · 558 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,209
Investment management$4,312
Total administrative$50,521
The La Clippers LLC 401(k) match · 2024
Employer contribution per active participant$6,838
Median for plans this size$2,416
2024$6,838 per active participant
2023$5,324 per active participant
2022$4,699 per active participant

La Clippers LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$46,209
STRATEGIC ADVISORS · Investment advisory (plan)$4,312

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

Administrative cost history3
2024$50,521 · 0.11%
2023$37,820 · 0.11%
2022$28,815 · 0.10%
Same employer
Similar plansArts, Entertainment & Recreation · Washington
Seattle Symphony Orchestra WA$48.7M · 0.15%
Rick Steves' Europe, Inc. WA$47.4M · 0.00%
Pacific Northwest Ballet WA$27.7M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471060673 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.