Plan Ledger DOL Form 5500 · updated monthly

Seacast, Inc.401(k)

SEACAST, INC. 401(K) AND PROFIT SHARING PLAN · MARYSVILLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Seacast, Inc. reported $38,724 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $899 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 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 688th-largest of 1,714 plans among Washington employers on file, and the 5,925th of 13,661 in manufacturing. In 2024, employees put in $2.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,045,977
Participants with balances319
Active participants515
Employer contributions$463,168
Employee contributions$1,356,750
Employer contribution per active participant$899
Average account balance$62,840
Benefits paid to participants$1,139,646
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.0M · 319 accts · $463K emplr
2023$16.3M · 313 accts · $461K emplr
2022$13.6M · 311 accts · $429K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,360
Investment management$34,364
Total administrative$38,724
The Seacast, Inc. 401(k) match · 2024
Employer contribution per active participant$899
Median for plans this size$2,416
2024$899 per active participant
2023$857 per active participant
2022$858 per active participant

Seacast, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
NWPS · Recordkeeping · Consulting$4,360
RBC WEALTH MANAGEMENT · Investment advisory (participants) · Investment advisory (plan)$34,364

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

Recordkeeper by year2
2024NWPS
2023NWPS

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

Administrative cost history3
2024$38,724 · 0.21%
2023$31,950 · 0.21%
2022$32,940 · 0.22%
Same employer
Similar plansManufacturing · Washington
Rsg Forest Products Inc. WA$21.6M · 0.46%
Aiphone Corporation WA$21.2M · 0.14%
Van Doren Sales, Inc. WA$20.9M · 0.25%
Young Corporation WA$19.5M · 0.20%
Natures Path Foods USA Inc. WA$19.5M · 0.24%
Northern Fruit Company WA$19.2M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911331779 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.