Plan Ledger DOL Form 5500 · updated monthly

Murphy & Associates, Inc.401(k)

MURPHY & ASSOCIATES,INC CASH OR DEFERRED PROFIT SHARING PLAN AND TRUST · KIRKLAND, WA · plan year 2024

Reported admin expense ratio · 2024
0.11%

Murphy & Associates, Inc. reported $14,340 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. 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 0.13% to 0.11%. 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 among the smaller plans on file in Washington (877th of 1,714), and 6,763rd of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$14,236,377
Participants with balances177
Active participants112
Employer contributions—
Employee contributions$832,279
Employer contribution per active participant—
Average account balance$80,432
Benefits paid to participants$1,336,499
Plan auditUnmodified (clean) audit opinion
AuditorVWC, P.S.
Plan history3
Yearassets · accounts · employer contribution
2024$14.2M · 177 accts
2023$12.9M · 193 accts · $4K emplr
2022$11.3M · 193 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,340
Total administrative$14,340
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 · 20241
THE VANGUARD GROUP, INC. · Recordkeeping$14,340

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$14,340 · 0.11%
2023$13,704 · 0.11%
2022$16,726 · 0.13%
Similar plansProfessional & Technical Services · Washington
Liberty Admin Services, LLC WA$14.9M · 0.32%
Bluehawk, LLC WA$14.9M · 0.47%
McKinley Irvin, PLLC WA$14.7M · 0.14%
Protingent, Inc. WA$14.6M · 0.06%
Code.Org WA$14.2M · 0.32%
Ten Gun Design WA$14.2M · 0.42%
Hi-Tech Solutions, LLC WA$13.9M · 0.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 911266766 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.