Plan Ledger DOL Form 5500 · updated monthly

Mindful Support Services, LLC401(k)

MINDFUL SUPPORT SERVICES 401(K) PLAN · MOUNTLAKE TERRACE, WA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Mindful Support Services, LLC reported $1,592 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,193 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 1 year on file its reported administrative ratio fell from 0.10% to 0.09%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Washington (1,554th of 1,714), and 1,903rd of 2,534 in administrative & support services. In 2024, employees put in $1.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,157,658
Participants with balances233
Active participants221
Employer contributions$263,680
Employee contributions$425,114
Employer contribution per active participant$1,193
Average account balance$9,260
Benefits paid to participants$95,108
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$2.2M · 233 accts · $264K emplr
2023$1.3M · 143 accts · $149K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$236
Investment management$1,356
Total administrative$1,592
The Mindful Support Services, LLC 401(k) match · 2024
Employer contribution per active participant$1,193
Median for plans this size$1,313
2024$1,193 per active participant
2023$1,056 per active participant

Mindful Support Services, LLC'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.

Administrative cost history2
2024$1,592 · 0.09%
2023$1,081 · 0.10%
Same employer
Similar plansAdministrative & Support Services · Washington
Terra Staffing Group WA$7.9M · 0.15%
Hansell Tierney Inc. WA$4.5M · 0.73%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 923402448 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.