Plan Ledger DOL Form 5500 · updated monthly

Olympic Sports & Spine PLLC401(k)

OLYMPIC SPORTS & SPINE PLLC 401(K) PLAN · TACOMA, WA · plan year 2024

Reported admin expense ratio · 2024
0.93%

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

Olympic Sports & Spine PLLC reported $166,827 in plan administrative expenses for 2024: 0.93% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,738 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 0.70% to 0.93%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 685th-largest of 1,714 plans among Washington employers on file, and the 3,683rd of 11,911 in health care & social assistance. In 2024, employees put in $2.76 for every $1.00 the employer contributed; active participation has grown from 331 to 396 since 2022.

Plan summary
Net assets, end of year$20,141,547
Participants with balances585
Active participants396
Employer contributions$688,091
Employee contributions$1,895,826
Employer contribution per active participant$1,738
Average account balance$34,430
Benefits paid to participants$704,229
Plan auditUnmodified (clean) audit opinion
AuditorDWYER, PEMBERTON & COULSON, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$20.1M · 585 accts · $688K emplr
2023$15.8M · 564 accts · $574K emplr
2022$11.4M · 492 accts · $522K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,600
Investment management$42,728
Audit (IQPA)$34,050
Total administrative$166,827
The Olympic Sports & Spine PLLC 401(k) match · 2024
Employer contribution per active participant$1,738
Median for plans this size$2,416
2024$1,738 per active participant
2023$1,613 per active participant
2022$1,578 per active participant

Olympic Sports & Spine PLLC's 2024 employer contribution ran below the $2,416 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 · 20242
JOHN HANCOCK · Recordkeeping · Investment management$5,783
LPL FINANACIAL LLC · Investment advisory (participants) · Investment advisory (plan)$42,728

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$166,827 · 0.93%
2023$90,763 · 0.67%
2022$86,669 · 0.70%
Same employer
Similar plansHealth Care & Social Assistance · Washington
Foss Home and Village WA$20.9M · 0.15%
Sound Family Medicine WA$20.7M · 0.23%
Navos WA$20.4M · 0.17%
Wesley Homes WA$19.6M · 0.34%
Othello Community Hospital WA$18.6M · 0.61%
Kindering Center WA$18.3M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822950138 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.