Plan Ledger DOL Form 5500 · updated monthly

Princess Cruise Lines, LTD.401(k)

PRINCESS CRUISES RETIREMENT SAVINGS PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Princess Cruise Lines, LTD. reported $284,621 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $2,910 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 0.11% to 0.08%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 68th-largest of 1,714 plans among Washington employers on file, and the 101st of 2,677 in transportation & warehousing. In 2024, employees put in $2.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$352,613,807
Participants with balances2,226
Active participants2,323
Employer contributions$6,760,145
Employee contributions$13,552,852
Employer contribution per active participant$2,910
Average account balance$158,407
Benefits paid to participants$38,393,276
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$352.6M · 2,226 accts · $6.8M emplr
2023$322.9M · 2,193 accts · $6.5M emplr
2022$281.9M · 2,234 accts · $5.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$205,566
Investment management$16,250
Audit (IQPA)$24,708
Total administrative$284,621
The Princess Cruise Lines, LTD. 401(k) match · 2024
Employer contribution per active participant$2,910
Median for plans this size$4,294
2024$2,910 per active participant
2023$2,875 per active participant
2022$2,365 per active participant

Princess Cruise Lines, LTD.'s 2024 employer contribution ran below the $4,294 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 · 20245
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$178,117
WINSTON & STRAWN LLP · Legal$33,418
USI CONSULTING GROUP · Contract administrator$27,100
SWEENEY CONRAD, P.S. · Accounting / audit$24,696
UBS FINANCIAL SERVICES I · Investment advisory (plan)$16,250

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$284,621 · 0.08%
2023$343,405 · 0.11%
2022$349,558 · 0.11%
Similar plansTransportation & Warehousing · Washington
Horizon Air Industries, Inc. WA$631.1M · 0.04%
Carrix, Inc. WA$362.2M · 0.04%
Aaa Washington WA$86.9M · 0.04%
Tidewater Barge Lines, Inc. WA$74.3M · 0.04%
Auto Warehousing Company WA$54.5M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 980215899 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.