Plan Ledger DOL Form 5500 · updated monthly

Liberty Admin Services, LLC401(k)

LIBERTY ADMIN SERVICES, LLC 401(K) RETIREMENT PLAN · MERCER ISLAND, WA · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Liberty Admin Services, LLC reported $45,033 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $1,224 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 0.30% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 853rd-largest of 1,714 plans among Washington employers on file, and 6,581st of 11,654 in professional & technical services. In 2024, employees put in $4.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,917,880
Participants with balances210
Active participants202
Employer contributions$247,288
Employee contributions$1,161,815
Employer contribution per active participant$1,224
Average account balance$71,038
Benefits paid to participants$1,449,975
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$14.9M · 210 accts · $247K emplr
2023$13.3M · 211 accts · $246K emplr
2022$11.3M · 209 accts · $350K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,272
Investment management$36,761
Total administrative$45,033
The Liberty Admin Services, LLC 401(k) match · 2024
Employer contribution per active participant$1,224
Median for plans this size$2,416
2024$1,224 per active participant
2023$1,189 per active participant
2022$1,634 per active participant

Liberty Admin Services, 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
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$36,761
ADP, INC. · Loan processing · Recordkeeping$8,271
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill

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

Administrative cost history3
2024$45,033 · 0.32%
2023$38,891 · 0.32%
2022$33,959 · 0.30%
Same employer
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Jeffreym Consulting, LLC WA$15.6M · 0.54%
Affirma, LLC WA$15.4M · 0.02%
Pace Engineers, Inc. WA$15.0M · 0.41%
Bluehawk, LLC WA$14.9M · 0.47%
McKinley Irvin, PLLC WA$14.7M · 0.14%
Protingent, Inc. WA$14.6M · 0.06%
Murphy & Associates, Inc. WA$14.2M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462384470 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.