Plan Ledger DOL Form 5500 · updated monthly

Recreational Equipment, Inc.401(k)

RECREATIONAL EQUIPMENT, INC. RETIREMENT AND PROFIT SHARING PLAN · SUMNER, WA · plan year 2023

Reported admin expense ratio · 2023
0.11%

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

Recreational Equipment, Inc. reported $1,057,039 in plan administrative expenses for 2023: 0.11% of average plan assets, above the peer median. Employer contributions averaged $1,637 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 3 years on file its reported administrative ratio has held roughly steady near 0.104%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,601 comparable plans and shown alongside other retail trade employers. By assets it is the 29th-largest of 1,714 plans among Washington employers on file, and the 61st of 5,215 in retail trade. In 2023, employees put in $2.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,020,184,239
Participants with balances24,800
Active participants16,235
Employer contributions$26,578,457
Employee contributions$54,375,710
Employer contribution per active participant$1,637
Average account balance$41,136
Benefits paid to participants$64,123,809
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.0B · 20,795 accts · $21.1M emplr
2023$1.0B · 24,800 accts · $26.6M emplr
2022$840.8M · 22,612 accts · $23.2M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$861,469
Investment management$166,500
Audit (IQPA)$29,070
Total administrative$1,057,039
The Recreational Equipment, Inc. 401(k) match · 2023
Employer contribution per active participant$1,637
Median for plans this size$4,362
2024$1,519 per active participant
2023$1,637 per active participant
2022$1,327 per active participant

Recreational Equipment, Inc.'s 2023 employer contribution ran below the $4,362 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20237
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$907,734
MARSH AND MCLENNAN COMPANIES, · Investment management$67,559
CLARK NUBER PS · Accounting / audit$29,070
FISHER INVESTMENTS · Investment advisory (participants)$18,860
EMPIRICAL FINANCIAL SERVICES L · Investment advisory (participants)$13,038
MAINSAIL FINANCIAL GROUP LLC · Investment advisory (participants)$6,112
CHARLES SCHWAB & CO., INC. · Securities brokerage$981

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$1,055,134 · 0.10%
2023$1,057,039 · 0.11%
2022$948,761 · 0.10%
Same employer
Similar plansRetail Trade · Washington
Starbucks Corporation WA$4.9B · 0.08%
Nordstrom, Inc. WA$4.3B · 0.27%
Getty Images, Inc. WA$310.4M · 0.06%
Tvi, Inc. WA$127.7M · 0.38%
Gee Automotive Holdings, LLC WA$110.0M · 0.41%
Zones, Inc. WA$109.1M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910656890 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.