Plan Ledger DOL Form 5500 · updated monthly

Skagit Radiology, Inc., P.S.401(k)

SKAGIT RADIOLOGY, INC., P.S. EMPLOYEES' RETIREMENT 401(K) PLAN · MOUNT VERNON, WA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Skagit Radiology, Inc., P.S. reported $34,884 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,560 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 470th-largest of 1,714 plans among Washington employers on file, and the 2,487th of 11,911 in health care & social assistance. In 2024, the employer put in $1.28 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$34,600,209
Participants with balances192
Active participants155
Employer contributions$1,171,765
Employee contributions$914,753
Employer contribution per active participant$7,560
Average account balance$180,209
Benefits paid to participants$491,268
Plan auditUnmodified (clean) audit opinion
AuditorHAGEN, KURTH, PERMAN & CO., P.S.
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,353
Investment management$1,531
Total administrative$34,884
The Skagit Radiology, Inc., P.S. 401(k) match · 2024
Employer contribution per active participant$7,560
Median for plans this size$2,416

Skagit Radiology, Inc., P.S.'s 2024 employer contribution ran above the $2,416 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$33,353

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

Administrative cost history1
2024$34,884 · 0.11%
Same employer
Similar plansHealth Care & Social Assistance · Washington
Healthpoint WA$35.7M · 0.18%
Era Living, LLC WA$33.3M · 0.40%
Prestige Care, Inc. WA$31.3M · 0.63%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 911012441 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.