Plan Ledger DOL Form 5500 · updated monthly

Pacific Research Laboratories, Inc401(k)

PACIFIC RESEARCH LABORATORIES, INC. 401(K) RETIREMENT PLAN · VASHON, WA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Pacific Research Laboratories, Inc reported $3,994 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,000 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 0.016% to 0.022%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 721st-largest of 1,714 plans among Washington employers on file, and the 6,150th of 13,661 in manufacturing. In 2024, employees put in $3.10 for every $1.00 the employer contributed; active participation has grown from 147 to 174 since 2022.

Plan summary
Net assets, end of year$18,832,326
Participants with balances126
Active participants174
Employer contributions$173,973
Employee contributions$538,998
Employer contribution per active participant$1,000
Average account balance$149,463
Benefits paid to participants$3,360,430
Plan auditUnmodified (clean) audit opinion
AuditorVWC, P.S.
Plan history3
Yearassets · accounts · employer contribution
2024$18.8M · 126 accts · $174K emplr
2023$17.1M · 108 accts · $159K emplr
2022$12.8M · 111 accts · $164K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,125
Investment management$2,869
Total administrative$3,994
The Pacific Research Laboratories, Inc 401(k) match · 2024
Employer contribution per active participant$1,000
Median for plans this size$2,416
2024$1,000 per active participant
2023$1,076 per active participant
2022$1,119 per active participant

Pacific Research Laboratories, Inc'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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,125

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$3,994 · 0.02%
2023$3,215 · 0.02%
2022$2,301 · 0.02%
All plans at this employer2
PACIFIC RESEARCH LABORATORIES, INC. 401(K) RETIREMENT PLAN401(k)
PACIFIC RESEARCH LABORATORIES, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUSTESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 911127121 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.