Plan Ledger DOL Form 5500 · updated monthly

Probablymonsters Inc401(k)

PROBABLYMONSTERS INC 401(K) PLAN · BELLEVUE, WA · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Probablymonsters Inc reported $108,830 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $14,112 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 0.67% to 0.57%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 655th-largest of 1,714 plans among Washington employers on file, and the 989th of 2,199 in information & media. In 2024, employees put in $1.44 for every $1.00 the employer contributed; active participation has shrunk from 448 to 175 since 2022.

Plan summary
Net assets, end of year$21,506,859
Participants with balances397
Active participants175
Employer contributions$2,469,517
Employee contributions$3,553,508
Employer contribution per active participant$14,112
Average account balance$54,173
Benefits paid to participants$4,432,890
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.5M · 397 accts · $2.5M emplr
2023$16.6M · 420 accts · $1.4M emplr
2022$11.5M · 405 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$78,072
Investment management$30,758
Total administrative$108,830
The Probablymonsters Inc 401(k) match · 2024
Employer contribution per active participant$14,112
Median for plans this size$2,416
2024$14,112 per active participant
2023$5,732 per active participant
2022$3,181 per active participant

Probablymonsters Inc's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
TRANSAMERICA RETIREMENT SOLUTIONS, · Recordkeeping · Loan processing$63,497
FARMER & BETTS, INC. · Recordkeeping · Loan processing$11,924
FARMER & BETTS, INC. · Recordkeeping · Loan processing$250
TRANSAMERICA FINANCIAL LIFE INSURAN · Recordkeeping · Loan processing$100
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$30,508
LEAFHOUSE FINANCIAL ADVISORS, LLC · Investment advisory (plan)$250

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

Recordkeeper by year2
2024FARMER & BETTS, INC., Transamerica
2023FARMER & BETTS, INC., Transamerica

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

Administrative cost history3
2024$108,830 · 0.57%
2023$110,265 · 0.78%
2022$56,998 · 0.67%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 811839023 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.