Plan Ledger DOL Form 5500 · updated monthly

Pacific Recreation Associates401(k)

BELLEVUE CLUB SAVINGS PLAN · BELLEVUE, WA · plan year 2024

Reported admin expense ratio · 2024
0.65%

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

Pacific Recreation Associates reported $72,792 in plan administrative expenses for 2024: 0.65% of average plan assets, higher than ~90% of peers. Employer contributions averaged $680 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 0.46% to 0.65%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Washington (1,006th of 1,714), and the 636th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $3.45 for every $1.00 the employer contributed; active participation has grown from 181 to 323 since 2022.

Plan summary
Net assets, end of year$11,368,836
Participants with balances259
Active participants323
Employer contributions$219,552
Employee contributions$758,322
Employer contribution per active participant$680
Average account balance$43,895
Benefits paid to participants$2,312,579
Plan auditUnmodified (clean) audit opinion
AuditorHAGEN, KURTH, PERMAN & CO., P.S.
Plan history3
Yearassets · accounts · employer contribution
2024$11.4M · 259 accts · $220K emplr
2023$10.9M · 235 accts · $241K emplr
2022$8.9M · 283 accts · $216K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,000
Investment management$33,492
Total administrative$72,792
The Pacific Recreation Associates 401(k) match · 2024
Employer contribution per active participant$680
Median for plans this size$2,416
2024$680 per active participant
2023$835 per active participant
2022$1,193 per active participant

Pacific Recreation Associates's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20246
GREAT-WEST LIFE & ANNUITY INSURANCE$40,296
HAGEN, KURTH, PERMAN & CO., PS · Accounting / audit$18,000
EVERGREEN RETIREMENT PLAN CONSULTIN · Contract administrator$13,012
EMPOWER ADVISORY GROUP, LLC · Investment management$3,339
OSAIC WEALTH INCindirect comp
WOODBURY FINANCIAL SERVICESindirect comp

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$72,792 · 0.65%
2023$51,953 · 0.53%
2022$42,893 · 0.46%
Same employer
Similar plansArts, Entertainment & Recreation · Washington
Washington Athletic Club WA$16.4M · 0.36%
Museum of Flight Foundation WA$14.6M · 0.23%
Seattle Aquarium Society WA$14.5M · 0.57%
Seattle Hockey Partners LLC WA$10.9M · 0.10%
Seattle Soccer LLC WA$10.8M · 0.04%
Seattle Theatre Group WA$10.5M · 0.13%
Maverick Gaming LLC WA$9.8M · 1.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411319546 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.