Plan Ledger DOL Form 5500 · updated monthly

Prime 8 LLC401(k)

PRIME 8 CONSULTING 401(K) PLAN · BELLEVUE, WA · plan year 2024

Reported admin expense ratio · 2024
0.85%

Prime 8 LLC reported $75,115 in plan administrative expenses for 2024: 0.85% of average plan assets, higher than ~75% of peers. 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 0.68% to 0.85%. 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 (1,093rd of 1,714), and 8,099th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$9,647,594
Participants with balances166
Active participants165
Employer contributions—
Employee contributions$1,455,126
Employer contribution per active participant—
Average account balance$58,118
Benefits paid to participants$939,339
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.6M · 166 accts
2023$8.1M · 183 accts
2022$6.3M · 179 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,118
Investment management$50,997
Total administrative$75,115
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
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$24,118
BRIGHTON JONES LLC · Investment advisory (plan)$50,997

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$75,115 · 0.85%
2023$49,461 · 0.69%
2022$43,805 · 0.68%
Same employer
Similar plansProfessional & Technical Services · Washington
Doxo, Inc. WA$10.2M · 0.13%
Domaintools, LLC WA$10.1M · 0.10%
Bcra, Inc. WA$10.0M · 0.45%
Prr, Inc. WA$9.9M · 0.01%
Formidable Labs WA$9.5M · 0.02%
Allyis WA$9.4M · 0.34%
Willis Enterprises, Inc. WA$9.4M · 0.53%
Nortal, LLC WA$8.8M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205815277 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.