Plan Ledger DOL Form 5500 · updated monthly

Spokane Digestive Disease Center P.S.401(k)

SPOKANE DIGESTIVE DISEASE CENTER P.S. 401(K) PROFIT SHARING PLAN · SPOKANE, WA · plan year 2022

Reported admin expense ratio · 2022
0.55%

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

Spokane Digestive Disease Center P.S. reported $62,780 in plan administrative expenses for 2022: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,505 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 0.55% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Washington (1,035th of 1,714), and the 5,506th of 11,911 in health care & social assistance. In 2022, the employer put in $1.25 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$10,691,275
Participants with balances138
Active participants93
Employer contributions$511,921
Employee contributions$408,633
Employer contribution per active participant$5,505
Average account balance$77,473
Benefits paid to participants$784,198
Plan auditUnmodified (clean) audit opinion
AuditorHMA CPA, PS
Plan history3
Yearassets · accounts · employer contribution
2024$9.6M · 140 accts · $495K emplr
2023$8.9M · 149 accts · $535K emplr
2022$10.7M · 138 accts · $512K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$9,117
Investment management$51,139
Total administrative$62,780
The Spokane Digestive Disease Center P.S. 401(k) match · 2022
Employer contribution per active participant$5,505
Median for plans this size$2,266
2024$4,945 per active participant
2023$5,355 per active participant
2022$5,505 per active participant

Spokane Digestive Disease Center P.S.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$33,149 · 0.36%
2023$52,295 · 0.53%
2022$62,780 · 0.55%
Similar plansHealth Care & Social Assistance · Washington
Vera Whole Health Inc WA$11.1M · 0.55%
Children's Therapy Center WA$11.0M · 0.42%
Ideal Option PLLC WA$10.4M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911013238 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.