Plan Ledger DOL Form 5500 · updated monthly

Power Mobile Life LLC401(k)

POWER MOBILE LIFE LLC 401(K) PROFIT SHARING PLAN & TRUST · BELLEVUE, WA · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Power Mobile Life LLC reported $20,821 in plan administrative expenses for 2024: 0.51% of average plan assets, below the peer median. Employer contributions averaged $945 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 0.74% to 0.51%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Washington (1,366th of 1,714), and 9,893rd of 11,654 in professional & technical services. In 2024, employees put in $5.58 for every $1.00 the employer contributed; active participation has grown from 169 to 213 since 2022.

Plan summary
Net assets, end of year$4,747,680
Participants with balances211
Active participants213
Employer contributions$201,231
Employee contributions$1,122,444
Employer contribution per active participant$945
Average account balance$22,501
Benefits paid to participants$840,758
Plan auditUnmodified (clean) audit opinion
AuditorPKF OCONNOR DAVIES LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.7M · 211 accts · $201K emplr
2023$3.4M · 211 accts · $175K emplr
2022$2.0M · 175 accts · $188K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,123
Investment management$16,698
Total administrative$20,821
The Power Mobile Life LLC 401(k) match · 2024
Employer contribution per active participant$945
Median for plans this size$1,313
2024$945 per active participant
2023$887 per active participant
2022$1,110 per active participant

Power Mobile Life LLC's 2024 employer contribution ran below the $1,313 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 · 20243
CAPSTONE WEALTH ADVISORS, LLC · Recordkeeping · Trustee$16,698
ADP, INC. · Loan processing · Recordkeeping$4,122
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, CAPSTONE WEALTH ADVISORS, LLC
2023ADP

This plan has changed recordkeepers within these filings. If you left Power Mobile Life LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$20,821 · 0.51%
2023$15,411 · 0.57%
2022$12,724 · 0.74%
Same employer
Similar plansProfessional & Technical Services · Washington
Print Nw, LLC WA$5.4M · 1.18%
AG Consulting Partners WA$5.3M · 0.50%
Levelten Energy WA$5.0M · 0.11%
Weinstein & Riley, P.S. WA$4.5M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 475633348 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.