Plan Ledger DOL Form 5500 · updated monthly

Snoqualmie Entertainment Authority dba Sc401(k)

SNOQUALMIE CASINO 401(K) PLAN · SNOQUALMIE, WA · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Snoqualmie Entertainment Authority dba Sc reported $160,704 in plan administrative expenses for 2024: 0.29% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,034 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 0.25% to 0.29%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 281st-largest of 1,714 plans among Washington employers on file, and the 160th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $2.08 for every $1.00 the employer contributed; active participation has grown from 1,108 to 1,286 since 2022.

Plan summary
Net assets, end of year$60,950,598
Participants with balances1,505
Active participants1,286
Employer contributions$2,615,882
Employee contributions$5,450,701
Employer contribution per active participant$2,034
Average account balance$40,499
Benefits paid to participants$5,637,654
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$61.0M · 1,505 accts · $2.6M emplr
2023$51.3M · 1,415 accts · $2.4M emplr
2022$41.0M · 1,351 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$160,704
Total administrative$160,704
The Snoqualmie Entertainment Authority dba Sc 401(k) match · 2024
Employer contribution per active participant$2,034
Median for plans this size$3,635
2024$2,034 per active participant
2023$2,011 per active participant
2022$2,024 per active participant

Snoqualmie Entertainment Authority dba Sc's 2024 employer contribution ran below the $3,635 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$160,704
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect 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$160,704 · 0.29%
2023$130,413 · 0.28%
2022$108,582 · 0.25%
Same employer
Similar plansArts, Entertainment & Recreation · Washington
Tulalip Tribes of Washington WA$231.4M · 0.15%
La Clippers LLC WA$49.7M · 0.11%
Seattle Symphony Orchestra WA$48.7M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208324469 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.