Plan Ledger DOL Form 5500 · updated monthly

Rec Room Inc.401(k)

REC ROOM INC. 401(K) PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Rec Room Inc. reported $20,043 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,916 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 1 year on file its reported administrative ratio rose from 0.01% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 590th-largest of 1,714 plans among Washington employers on file, and the 4,701st of 11,654 in professional & technical services. In 2024, employees put in $1.56 for every $1.00 the employer contributed; active participation has grown from 253 to 285 since 2022.

Plan summary
Net assets, end of year$25,371,907
Participants with balances298
Active participants285
Employer contributions$2,256,124
Employee contributions$3,511,714
Employer contribution per active participant$7,916
Average account balance$85,141
Benefits paid to participants$376,243
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.4M · 298 accts · $2.3M emplr
2023$16.4M · 270 accts · $2.0M emplr
2022$8.6M · 207 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,213
Investment management$5,830
Total administrative$20,043
The Rec Room Inc. 401(k) match · 2024
Employer contribution per active participant$7,916
Median for plans this size$2,416
2024$7,916 per active participant
2023$7,324 per active participant
2022$5,561 per active participant

Rec Room 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$14,658
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,830

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$20,043 · 0.10%
2023$1,296 · 0.01%
2022Not separately reported
Same employer
Similar plansProfessional & Technical Services · Washington
Lee & Hayes, P.C. WA$28.1M · 0.34%
Ahbl, Inc. WA$26.6M · 0.15%
Amperity, Inc. WA$26.4M · 0.08%
Bridge Partners, LLC WA$25.3M · 0.12%
Affirma, LLC WA$25.3M · 0.02%
Sage Bionetworks WA$25.1M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811915556 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.