Plan Ledger DOL Form 5500 · updated monthly

The Markets, LLC401(k)

THE MARKETS, LLC 401(K) PLAN · BELLINGHAM, WA · plan year 2024

Reported admin expense ratio · 2024
0.58%

The Markets, LLC reported $70,776 in plan administrative expenses for 2024: 0.58% of average plan assets, higher than ~75% of peers. 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 0.581%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Washington (928th of 1,714), and the 2,162nd of 5,215 in retail trade.

Plan summary
Net assets, end of year$12,841,439
Participants with balances304
Active participants224
Employer contributions—
Employee contributions$665,048
Employer contribution per active participant—
Average account balance$42,242
Benefits paid to participants$837,847
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.8M · 304 accts
2023$11.5M · 312 accts
2022$10.8M · 323 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,776
Total administrative$70,776
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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$70,768
ALLIANT INSURANCE SERVICES, INC. · Investment advisory (plan)indirect comp

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$70,776 · 0.58%
2023$67,881 · 0.61%
2022$73,006 · 0.58%
Similar plansRetail Trade · Washington
Carter Motors, Inc. WA$13.1M · 0.78%
Metropolitan Market, LLC WA$13.0M · 0.40%
The Myers Group, LLC WA$12.9M · 0.49%
Shaub-Ellison Company WA$12.7M · 0.44%
Subaru of Puyallup, Inc. WA$12.5M · 0.23%
Miller-Nicholson Inc. WA$12.2M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 912122791 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.