Plan Ledger DOL Form 5500 · updated monthly

Service Alternatives, Inc.401(k)

SERVICE ALTERNATIVES 401(K) RETIREMENT & SAVINGS PLAN · OAK HARBOR, WA · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Service Alternatives, Inc. reported $24,263 in plan administrative expenses for 2024: 0.38% of average plan assets, below the peer median. Employer contributions averaged $414 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 0.376%. 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 (1,229th of 1,714), and 6,828th of 11,911 in health care & social assistance. In 2024, employees put in $3.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,083,252
Participants with balances243
Active participants294
Employer contributions$121,588
Employee contributions$447,838
Employer contribution per active participant$414
Average account balance$29,149
Benefits paid to participants$354,331
Plan auditUnmodified (clean) audit opinion
AuditorSHANNON & ASSOCIATES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.1M · 243 accts · $122K emplr
2023$5.8M · 224 accts · $105K emplr
2022$4.5M · 178 accts · $94K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,263
Total administrative$24,263
The Service Alternatives, Inc. 401(k) match · 2024
Employer contribution per active participant$414
Median for plans this size$1,313
2024$414 per active participant
2023$348 per active participant
2022$331 per active participant

Service Alternatives, Inc.'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 · 20241
CPI QUALIFIED PLAN CONSULTANTS, INC · Recordkeeping · Pension consulting$24,263

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

Recordkeeper by year2
2024CPI QUALIFIED PLAN CONSULTANTS, INC
2023CPI QUALIFIED PLAN CONSULTANTS, INC

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

Administrative cost history3
2024$24,263 · 0.38%
2023$22,153 · 0.43%
2022$20,281 · 0.38%
Same employer
Similar plansHealth Care & Social Assistance · Washington
Ro Health, Inc. WA$7.5M · 0.14%
People for People WA$7.1M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911227900 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.