Plan Ledger DOL Form 5500 · updated monthly

Stafford Health Services, Inc.401(k)

STAFFORD HEALTH SERVICES, INC. RETIREMENT PLAN · FEDERAL WAY, WA · plan year 2022

Reported admin expense ratio · 2022
0.90%

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

Stafford Health Services, Inc. reported $58,101 in plan administrative expenses for 2022: 0.90% of average plan assets, higher than ~75% of peers. Employer contributions averaged $542 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Washington (1,321st of 1,714), and 7,655th of 11,911 in health care & social assistance. In 2022, employees put in $3.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,440,405
Participants with balances219
Active participants264
Employer contributions$143,056
Employee contributions$443,908
Employer contribution per active participant$542
Average account balance$24,842
Benefits paid to participants$1,401,041
Plan auditUnmodified (clean) audit opinion
AuditorMAYER HOFFMAN MCCANN PC
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $81K emplr
2022$5.4M · 219 accts · $143K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$28,293
Investment management$15,720
Professional / advisory$14,088
Total administrative$58,101
The Stafford Health Services, Inc. 401(k) match · 2022
Employer contribution per active participant$542
Median for plans this size$1,114

Stafford Health Services, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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 history2
2023Not separately reported
2022$58,101 · 0.90%
Similar plansHealth Care & Social Assistance · Washington
Millennium Advisors, Inc. WA$5.7M · 1.21%
Buron, Inc. WA$5.6M · 0.80%
Broughton Dunn PLLC WA$5.3M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910841068 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.