Plan Ledger DOL Form 5500 · updated monthly

Sea Creatures LLC401(k)

SEA CREATURES LLC 401(K) PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Sea Creatures LLC reported $350 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,158 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 0.04% to 0.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Washington (1,531st of 1,714), and 1,308th of 2,240 in accommodation & food services. In 2024, employees put in $1.24 for every $1.00 the employer contributed; active participation has grown from 58 to 80 since 2022.

Plan summary
Net assets, end of year$2,504,441
Participants with balances147
Active participants80
Employer contributions$172,646
Employee contributions$214,920
Employer contribution per active participant$2,158
Average account balance$17,037
Benefits paid to participants$27,049
Plan auditUnmodified (clean) audit opinion
AuditorNEWMAN TOWN,PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$2.5M · 147 accts · $173K emplr
2023$1.9M · 129 accts · $109K emplr
2022$1.6M · 120 accts · $130K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$350
Total administrative$350
The Sea Creatures LLC 401(k) match · 2024
Employer contribution per active participant$2,158
Median for plans this size$1,313
2024$2,158 per active participant
2023$721 per active participant
2022$2,233 per active participant

Sea Creatures LLC's 2024 employer contribution ran above the $1,313 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.

Administrative cost history3
2024$350 · 0.02%
2023$550 · 0.03%
2022$650 · 0.04%
Same employer
Similar plansAccommodation & Food Services · Washington
Trappers Sushi, Inc. WA$4.0M · 1.21%
Lavish Roots, Inc. WA$3.5M · 1.44%
Dancing Goats Coffee WA$2.5M · 0.91%
Cafes Inc. WA$2.4M · 0.05%
Homegrown Partners, LLC WA$1.9M · 0.83%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463258561 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.