Plan Ledger DOL Form 5500 · updated monthly

Seattle Soccer LLC401(k)

SEATTLE SOUNDERS FC 401(K) PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Seattle Soccer LLC reported $3,725 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,016 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 rose from 0.03% to 0.04%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Washington (1,026th of 1,714), and the 655th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $2.26 for every $1.00 the employer contributed; active participation has grown from 130 to 150 since 2022.

Plan summary
Net assets, end of year$10,824,490
Participants with balances157
Active participants150
Employer contributions$452,374
Employee contributions$1,023,854
Employer contribution per active participant$3,016
Average account balance$68,946
Benefits paid to participants$835,577
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.8M · 157 accts · $452K emplr
2023$8.9M · 142 accts · $375K emplr
2022$6.9M · 120 accts · $273K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,725
Total administrative$3,725
The Seattle Soccer LLC 401(k) match · 2024
Employer contribution per active participant$3,016
Median for plans this size$1,313
2024$3,016 per active participant
2023$2,679 per active participant
2022$2,100 per active participant

Seattle Soccer LLC's 2024 employer contribution ran above the $1,313 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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$37,807

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$3,725 · 0.04%
2023$2,257 · 0.03%
2022$1,923 · 0.03%
Same employer
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Seattle Theatre Group WA$10.5M · 0.13%
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Source: U.S. Department of Labor, Form 5500 series, EIN 262503037 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.