Plan Ledger DOL Form 5500 · updated monthly

Swinomish Tribal Community401(k)

SWINOMISH TRIBAL COMMUNITY RETIREMENT SAVINGS PLAN · LA CONNER, WA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Swinomish Tribal Community reported $63,352 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $2,103 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 0.120%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other public administration employers. By assets it is the 298th-largest of 1,714 plans among Washington employers on file, and the 13th of 90 in public administration. In 2024, employees put in $1.79 for every $1.00 the employer contributed; active participation has grown from 915 to 1,069 since 2022.

Plan summary
Net assets, end of year$58,340,958
Participants with balances1,459
Active participants1,069
Employer contributions$2,247,603
Employee contributions$4,028,053
Employer contribution per active participant$2,103
Average account balance$39,987
Benefits paid to participants$2,767,044
Plan auditUnmodified (clean) audit opinion
AuditorBAKER TILLEY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$58.3M · 1,459 accts · $2.2M emplr
2023$46.8M · 1,383 accts · $1.7M emplr
2022$37.7M · 1,303 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,715
Investment management$9,637
Audit (IQPA)$21,000
Total administrative$63,352
The Swinomish Tribal Community 401(k) match · 2024
Employer contribution per active participant$2,103
Median for plans this size$3,635
2024$2,103 per active participant
2023$1,745 per active participant
2022$1,955 per active participant

Swinomish Tribal Community's 2024 employer contribution ran below the $3,635 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 · 20243
MOSS ADAMS LLP · Accounting / audit$21,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$9,637

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

Administrative cost history3
2024$63,352 · 0.12%
2023$60,513 · 0.14%
2022$48,071 · 0.12%
Same employer
Similar plansPublic Administration · Washington
Pascua Yaqui Tribe AZ$75.6M · 0.09%
Nez Perce Tribe ID$61.9M · 0.16%
Apco Worldwide LLC DC$53.7M · 0.13%
Pueblo of Sandia NM$51.9M · 0.42%
Tachi Yokut Tribe CA$51.1M · 0.07%
Sault Tribe MI$49.8M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910434170 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.