Plan Ledger DOL Form 5500 · updated monthly

Society of Collision Repair Specialists401(k)

SCRS ASSOCIATION RETIREMENT SAVINGS PLAN · PROSSER, WA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Society of Collision Repair Specialists reported $94,673 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $1,339 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 0.39% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 536th-largest of 1,714 plans among Washington employers on file, and the 731st of 3,341 in other services. In 2024, employees put in $1.59 for every $1.00 the employer contributed; active participation has grown from 477 to 1,339 since 2022.

Plan summary
Net assets, end of year$29,608,510
Participants with balances779
Active participants1,339
Employer contributions$1,792,786
Employee contributions$2,856,868
Employer contribution per active participant$1,339
Average account balance$38,008
Benefits paid to participants$2,935,631
Plan auditUnmodified (clean) audit opinion
AuditorHANDWEGER, CARDENGA, FUNHOUSER, LU
Plan history3
Yearassets · accounts · employer contribution
2024$29.6M · 779 accts · $1.8M emplr
2023$24.5M · 391 accts · $1.2M emplr
2022$15.8M · 282 accts · $801K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,003
Investment management$72,670
Total administrative$94,673
The Society of Collision Repair Specialists 401(k) match · 2024
Employer contribution per active participant$1,339
Median for plans this size$2,416
2024$1,339 per active participant
2023$1,739 per active participant
2022$1,680 per active participant

Society of Collision Repair Specialists's 2024 employer contribution ran below 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 · 20242
TPC QUALIFIED PLANS LLC · Recordkeeping · Consulting$22,003
CETERA ADVISOR NETWORKS, LLC · Consulting$69,412

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

Recordkeeper by year2
2024TPC QUALIFIED PLANS LLC
2023TPC QUALIFIED PLANS LLC

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

Administrative cost history3
2024$94,673 · 0.35%
2023$68,592 · 0.34%
2022$62,299 · 0.39%
Similar plansOther Services · Washington
Crista Ministries WA$41.2M · 0.35%
Pacific Power Group, LLC WA$31.0M · 0.28%
Committee for Children WA$24.2M · 0.01%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 431275465 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.