Plan Ledger DOL Form 5500 · updated monthly

Squaxin Island Tribe401(k)

SQUAXIN ISLAND TRIBE AND ISLAND ENTERPRISE 401(K) PLAN · SHELTON, WA · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Squaxin Island Tribe reported $74,722 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $3,061 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 3 years on file its reported administrative ratio has held roughly steady near 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other public administration employers. By assets it is the 553rd-largest of 1,714 plans among Washington employers on file, and the 28th of 90 in public administration. In 2024, employees put in $1.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,371,408
Participants with balances582
Active participants410
Employer contributions$1,254,832
Employee contributions$1,469,525
Employer contribution per active participant$3,061
Average account balance$48,748
Benefits paid to participants$2,898,018
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.4M · 582 accts · $1.3M emplr
2023$25.0M · 562 accts · $1.2M emplr
2022$22.3M · 552 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,535
Investment management$66,187
Total administrative$74,722
The Squaxin Island Tribe 401(k) match · 2024
Employer contribution per active participant$3,061
Median for plans this size$2,416
2024$3,061 per active participant
2023$2,630 per active participant
2022$2,512 per active participant

Squaxin Island Tribe'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 · 20242
ASCENSUS LLC · Recordkeeping$8,535
180 WEALTH ADVISOR · Investment advisory (plan)$66,187

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$74,722 · 0.28%
2023$63,680 · 0.27%
2022$71,043 · 0.29%
Similar plansPublic Administration · Washington
Swinomish Tribal Community WA$58.3M · 0.12%
Jamestown S'Klallam Tribe WA$34.5M · 0.46%
Redding Rancheria CA$25.6M · 0.06%
Pueblo of Laguna NM$25.5M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910922254 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.