Plan Ledger DOL Form 5500 · updated monthly

Spokane Eye Clinic Ps401(k)

SPOKANE EYE CLINIC, PS AND INLAND EMPIRE OPTICAL EMPLOYEES 401(K) PROFIT SHARING PLAN · SPOKANE, WA · plan year 2023

Reported admin expense ratio · 2023
0.31%

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

Spokane Eye Clinic Ps reported $135,888 in plan administrative expenses for 2023: 0.31% of average plan assets, above the peer median. Employer contributions averaged $6,099 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 1 year on file its reported administrative ratio fell from 0.33% to 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 381st-largest of 1,714 plans among Washington employers on file, and the 2,008th of 11,911 in health care & social assistance. In 2023, the employer put in $1.34 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$46,053,094
Participants with balances411
Active participants264
Employer contributions$1,610,200
Employee contributions$1,203,197
Employer contribution per active participant$6,099
Average account balance$112,051
Benefits paid to participants$3,444,318
Plan auditDisclaimer of opinion
AuditorSCHOEDEL & SCHOEDEL, CPAS PLLC
Plan history2
Yearassets · accounts · employer contribution
2023$46.1M · 411 accts · $1.6M emplr
2022$40.3M · 383 accts · $1.5M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$56,233
Investment management$79,655
Total administrative$135,888
The Spokane Eye Clinic Ps 401(k) match · 2023
Employer contribution per active participant$6,099
Median for plans this size$2,440
2023$6,099 per active participant
2022$5,792 per active participant

Spokane Eye Clinic Ps's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
WASHINGTON TRUST BANK$50,736
MML INVESTORS SERVICES, LLC · Investment advisory (participants)$12,284

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

Administrative cost history2
2023$135,888 · 0.31%
2022$127,461 · 0.33%
Same employer
Similar plansHealth Care & Social Assistance · Washington
Frontier Behavioral Health WA$46.3M · 0.43%
Kline Galland Center WA$45.7M · 0.00%
Leisure Care, LLC WA$45.1M · 0.71%
Peacehealth WA$42.9M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910852217 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.