Plan Ledger DOL Form 5500 · updated monthly

Lavish Roots, Inc.401(k)

LAVISH ROOTS, INC. 401(K) PLAN · NORMANDY PARK, WA · plan year 2024

Reported admin expense ratio · 2024
1.44%

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

Lavish Roots, Inc. reported $42,830 in plan administrative expenses for 2024: 1.44% of average plan assets, higher than ~90% of peers. Employer contributions averaged $795 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 1.21% to 1.44%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Washington (1,459th of 1,714), and 1,121st of 2,240 in accommodation & food services. In 2024, employees put in $1.78 for every $1.00 the employer contributed; active participation has grown from 304 to 376 since 2022.

Plan summary
Net assets, end of year$3,455,757
Participants with balances133
Active participants376
Employer contributions$299,061
Employee contributions$533,547
Employer contribution per active participant$795
Average account balance$25,983
Benefits paid to participants$328,228
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.5M · 133 accts · $299K emplr
2023$2.5M · 123 accts · $226K emplr
2022$1.6M · 109 accts · $180K emplr
Administrative expenses, itemized · 2024
Investment management$42,830
Total administrative$42,830
The Lavish Roots, Inc. 401(k) match · 2024
Employer contribution per active participant$795
Median for plans this size$1,313
2024$795 per active participant
2023$542 per active participant
2022$591 per active participant

Lavish Roots, Inc.'s 2024 employer contribution ran below the $1,313 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$39,905

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$42,830 · 1.44%
2023$26,440 · 1.31%
2022$17,533 · 1.21%
Same employer
Similar plansAccommodation & Food Services · Washington
Wig Properties LLC WA$4.5M · 0.05%
Neltac, Inc. WA$4.0M · 0.21%
Trappers Sushi, Inc. WA$4.0M · 1.21%
Dancing Goats Coffee WA$2.5M · 0.91%
Sea Creatures LLC WA$2.5M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472138032 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.