Plan Ledger DOL Form 5500 · updated monthly

Millennium Advisors, Inc.401(k)

LIVING CARE LIFESTYLES 401(K) PROFIT SHARING PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
1.21%

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

Millennium Advisors, Inc. reported $67,989 in plan administrative expenses for 2024: 1.21% of average plan assets, higher than ~90% of peers. Employer contributions averaged $698 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 3 years on file its reported administrative ratio has held roughly steady near 1.21%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Washington (1,308th of 1,714), and 7,541st of 11,911 in health care & social assistance. In 2024, employees put in $2.23 for every $1.00 the employer contributed; active participation has grown from 325 to 393 since 2022.

Plan summary
Net assets, end of year$5,667,545
Participants with balances552
Active participants393
Employer contributions$274,151
Employee contributions$611,752
Employer contribution per active participant$698
Average account balance$10,267
Benefits paid to participants$1,292,436
Plan auditUnmodified (clean) audit opinion
AuditorCLARK RAYMOND & COMPANY PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$5.7M · 552 accts · $274K emplr
2023$5.6M · 526 accts · $365K emplr
2022$4.4M · 502 accts · $342K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,527
Investment management$34,962
Total administrative$67,989
The Millennium Advisors, Inc. 401(k) match · 2024
Employer contribution per active participant$698
Median for plans this size$1,313
2024$698 per active participant
2023$1,006 per active participant
2022$1,051 per active participant

Millennium Advisors, 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 · 20243
TRANSAMERICA FINANCIAL LIFE INSURAN · Recordkeeping · Loan processing$58,489
EVERGREEN RETIREMENT PLAN CONSULTIN · Recordkeeping · Loan processing$9,500
OSAIC WEALTH INC · Insurance broker · Insurance 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
2024EVERGREEN RETIREMENT PLAN CONSULTIN, Transamerica
2023EVERGREEN RETIREMENT PLAN CONSULTIN, Transamerica

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

Administrative cost history3
2024$67,989 · 1.21%
2023$57,436 · 1.15%
2022$54,072 · 1.17%
Same employer
Similar plansHealth Care & Social Assistance · Washington
Full Life Care WA$5.8M · 0.04%
Nspt Inc WA$5.7M · 0.13%
Columbia Wellness WA$5.7M · 0.87%
Buron, Inc. WA$5.6M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911644545 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.