Plan Ledger DOL Form 5500 · updated monthly

North Forty Group, LLC401(k)

NORTH FORTY 401(K) PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

North Forty Group, LLC reported $48,434 in plan administrative expenses for 2024: 0.49% of average plan assets, below the peer median. Employer contributions averaged $4,114 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 fell from 0.66% to 0.49%. 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 (1,042nd of 1,714), and the 978th of 2,534 in administrative & support services. In 2024, the employer put in $1.00 for every $1.00 employees contributed themselves; active participation has grown from 139 to 186 since 2022.

Plan summary
Net assets, end of year$10,569,516
Participants with balances249
Active participants186
Employer contributions$765,200
Employee contributions$762,881
Employer contribution per active participant$4,114
Average account balance$42,448
Benefits paid to participants$1,244,628
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.6M · 249 accts · $765K emplr
2023$9.2M · 237 accts · $683K emplr
2022$7.8M · 198 accts · $630K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,706
Investment management$40,765
Trustee / custodial$3,963
Total administrative$48,434
The North Forty Group, LLC 401(k) match · 2024
Employer contribution per active participant$4,114
Median for plans this size$1,313
2024$4,114 per active participant
2023$4,020 per active participant
2022$4,536 per active participant

North Forty Group, LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20241
BRIGHTON JONES · Investment advisory (participants) · Investment advisory (plan)$40,765

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

Administrative cost history3
2024$48,434 · 0.49%
2023$55,729 · 0.66%
2022$56,012 · 0.66%
Similar plansAdministrative & Support Services · Washington
Basin Disposal WA$11.4M · 0.62%
Zipstorm, Inc. WA$10.8M · 0.11%
Career Path Services WA$8.8M · 0.86%
Pay Plus Benefits Inc WA$8.6M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200692521 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.