Plan Ledger DOL Form 5500 · updated monthly

Leisure Care, LLC401(k)

LEISURE CARE 401(K) PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.71%

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

Leisure Care, LLC reported $319,077 in plan administrative expenses for 2024: 0.71% of average plan assets, higher than ~90% of peers. Employer contributions averaged $328 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 fell from 0.79% to 0.71%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 389th-largest of 1,714 plans among Washington employers on file, and the 2,044th of 11,911 in health care & social assistance. In 2024, employees put in $2.68 for every $1.00 the employer contributed; active participation has grown from 2,532 to 2,790 since 2022.

Plan summary
Net assets, end of year$45,092,965
Participants with balances2,959
Active participants2,790
Employer contributions$915,565
Employee contributions$2,456,381
Employer contribution per active participant$328
Average account balance$15,239
Benefits paid to participants$7,837,071
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$45.1M · 2,959 accts · $916K emplr
2023$44.4M · 3,183 accts · $1.2M emplr
2022$37.4M · 4,587 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,797
Investment management$297,280
Total administrative$319,077
The Leisure Care, LLC 401(k) match · 2024
Employer contribution per active participant$328
Median for plans this size$2,416
2024$328 per active participant
2023$454 per active participant
2022$515 per active participant

Leisure Care, LLC's 2024 employer contribution ran below the $2,416 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 · 20243
PINNACLE FINANCIAL SERVICES, LLC · Recordkeeping$50,581
LINCOLN NATIONAL CORPORATION · Contract administrator$251,413
3(16) FIDUCIARY SERVICES CORP · Named fiduciary$18,075

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

Recordkeeper by year2
2024PINNACLE FINANCIAL SERVICES, LLC
2023PINNACLE FINANCIAL SERVICES, LLC

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Administrative cost history3
2024$319,077 · 0.71%
2023$287,754 · 0.70%
2022$326,477 · 0.79%
Same employer
Similar plansHealth Care & Social Assistance · Washington
Frontier Behavioral Health WA$46.3M · 0.43%
Spokane Eye Clinic Ps WA$46.1M · 0.31%
Kline Galland Center WA$45.7M · 0.00%
Peacehealth WA$42.9M · 0.06%
Sound WA$41.5M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 412087817 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.