Plan Ledger DOL Form 5500 · updated monthly

Senior Services of America, LLC401(k)

SENIOR SERVICES OF AMERICA, LLC 401(K) PLAN · GIG HARBOR, WA · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Senior Services of America, LLC reported $8,164 in plan administrative expenses for 2024: 0.44% of average plan assets, below the peer median. Employer contributions averaged $171 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 0.36% to 0.44%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Washington (1,570th of 1,714), and 10,060th of 11,911 in health care & social assistance. In 2024, employees put in $2.59 for every $1.00 the employer contributed; active participation has grown from 408 to 560 since 2022.

Plan summary
Net assets, end of year$1,988,614
Participants with balances107
Active participants560
Employer contributions$95,673
Employee contributions$247,744
Employer contribution per active participant$171
Average account balance$18,585
Benefits paid to participants$268,938
Plan auditUnmodified (clean) audit opinion
AuditorJOHNSON, STONE, PAGANO, P.S.
Plan history3
Yearassets · accounts · employer contribution
2024$2.0M · 107 accts · $96K emplr
2023$1.7M · 106 accts · $78K emplr
2022$1.3M · 88 accts · $51K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,629
Investment management$4,535
Total administrative$8,164
The Senior Services of America, LLC 401(k) match · 2024
Employer contribution per active participant$171
Median for plans this size$1,313
2024$171 per active participant
2023$142 per active participant
2022$126 per active participant

Senior Services of America, LLC's 2024 employer contribution ran below the $1,313 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 · 20244
EMPOWER ADVISORY GROUP · Investment management$4,985
DEFINITI, LLC · Contract administrator$2,175
RBC CAPITAL MARKETS LLCindirect comp

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$8,164 · 0.44%
2023$4,880 · 0.33%
2022$4,779 · 0.36%
Similar plansHealth Care & Social Assistance · Washington
Compass Housing Alliance WA$1.8M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 912060382 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.