Plan Ledger DOL Form 5500 · updated monthly

Lindblad Expeditions, Inc401(k)

LINDBLAD EXPEDITIONS, INC. 401(K) PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Lindblad Expeditions, Inc reported $160,316 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $993 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 0.18% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 353rd-largest of 1,714 plans among Washington employers on file, and the 307th of 2,534 in administrative & support services. In 2024, employees put in $5.31 for every $1.00 the employer contributed; active participation has grown from 491 to 691 since 2022.

Plan summary
Net assets, end of year$48,682,392
Participants with balances805
Active participants691
Employer contributions$686,451
Employee contributions$3,646,040
Employer contribution per active participant$993
Average account balance$60,475
Benefits paid to participants$2,571,184
Plan auditUnmodified (clean) audit opinion
AuditorTODRES AND COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$48.7M · 805 accts · $686K emplr
2023$40.1M · 682 accts · $600K emplr
2022$32.1M · 677 accts · $498K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,325
Investment management$96,991
Total administrative$160,316
The Lindblad Expeditions, Inc 401(k) match · 2024
Employer contribution per active participant$993
Median for plans this size$2,416
2024$993 per active participant
2023$1,069 per active participant
2022$1,014 per active participant

Lindblad Expeditions, Inc'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 · 20242
ASCENSUS LLC · Loan processing · Recordkeeping$63,325
MERRILL LYNCH RETIREMENT & BENEFIT · Investment advisory (plan)$96,991

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$160,316 · 0.36%
2023$141,064 · 0.39%
2022$62,692 · 0.18%
Same employer
Similar plansAdministrative & Support Services · Washington
Holland America Line N.V. WA$210.1M · 0.11%
Trueblue, Inc. WA$95.6M · 0.34%
Nuwest Group Holdings, LLC WA$25.1M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132991368 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.