Plan Ledger DOL Form 5500 · updated monthly

Pacific Bells, Inc.401(k)

PACIFIC BELLS, INC. EMPLOYEE BENEFIT PLAN · VANCOUVER, WA · plan year 2023

Reported admin expense ratio · 2023
0.51%

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

Pacific Bells, Inc. reported $89,201 in plan administrative expenses for 2023: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $110 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 rose from 0.08% to 0.51%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 699th-largest of 1,714 plans among Washington employers on file, and the 307th of 2,240 in accommodation & food services. In 2023, employees put in $2.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,598,243
Participants with balances482
Active participants8,318
Employer contributions$914,468
Employee contributions$2,074,124
Employer contribution per active participant$110
Average account balance$40,660
Benefits paid to participants$1,369,769
Plan auditUnmodified (clean) audit opinion
AuditorJ. MOYNA CPA
Plan history2
Yearassets · accounts · employer contribution
2023$19.6M · 482 accts · $914K emplr
2022$15.4M · 429 accts · $697K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$8,929
Investment management$80,272
Total administrative$89,201
The Pacific Bells, Inc. 401(k) match · 2023
Employer contribution per active participant$110
Median for plans this size$2,440
2023$110 per active participant
2022$256 per active participant

Pacific Bells, Inc.'s 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
NOVA 401(K) ASSOCIATES · Contract administrator$26,329
APRIO MANAGEMENT LLC · Investment advisory (plan)$21,642

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

Administrative cost history2
2023$89,201 · 0.51%
2022$12,366 · 0.08%
Same employer
Similar plansAccommodation & Food Services · Washington
Port Madison Enterprises WA$41.5M · 0.43%
Mad Anthonys, Inc. WA$33.7M · 0.44%
Ivar's, Inc. WA$22.9M · 0.42%
Hawthorn Senior Living, LLC WA$17.2M · 0.90%
Space Needle LLC WA$16.4M · 0.51%
Dicks Drive-Ins LTD., LP WA$14.7M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911806191 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.