Plan Ledger DOL Form 5500 · updated monthly

Skookum Educational Programs401(k)

SKOOKUM 401(K) RETIREMENT PLAN · BREMERTON, WA · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Skookum Educational Programs reported $274,633 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,728 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 fell from 0.63% to 0.57%. 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 332nd-largest of 1,714 plans among Washington employers on file, and the 1,825th of 11,911 in health care & social assistance. In 2024, the employer put in $2.16 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$51,541,228
Participants with balances1,685
Active participants1,399
Employer contributions$5,214,854
Employee contributions$2,411,483
Employer contribution per active participant$3,728
Average account balance$30,588
Benefits paid to participants$6,032,390
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$51.5M · 1,685 accts · $5.2M emplr
2023$44.6M · 1,620 accts · $4.9M emplr
2022$37.6M · 1,499 accts · $4.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$207,226
Investment management$67,407
Total administrative$274,633
The Skookum Educational Programs 401(k) match · 2024
Employer contribution per active participant$3,728
Median for plans this size$2,416
2024$3,728 per active participant
2023$3,647 per active participant
2022$3,619 per active participant

Skookum Educational Programs's 2024 employer contribution ran above the $2,416 median for plans its size. 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 · 20243
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$207,213
ALERA INVESTMENT ADVISORS, LLC · Investment advisory (plan)$67,407
RELIANCE · Custodial (securities)indirect comp

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$274,633 · 0.57%
2023$242,298 · 0.59%
2022$255,438 · 0.63%
Same employer
Similar plansHealth Care & Social Assistance · Washington
Astria Health WA$56.1M · 0.67%
Merrill Gardens, LLC WA$50.4M · 0.58%
Community Health Care WA$48.9M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911434778 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.