Plan Ledger DOL Form 5500 · updated monthly

Traction Capital Partners LLC401(k)

TRACTION CAPITAL PARTNERS 401(K) PLAN · TACOMA, WA · plan year 2024

Reported admin expense ratio · 2024
1.10%

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

Traction Capital Partners LLC reported $38,015 in plan administrative expenses for 2024: 1.10% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,579 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 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Washington (1,415th of 1,714), and 10,120th of 11,654 in professional & technical services. In 2024, employees put in $1.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,126,611
Participants with balances326
Active participants215
Employer contributions$554,574
Employee contributions$630,294
Employer contribution per active participant$2,579
Average account balance$12,658
Benefits paid to participants$74,120
Plan auditUnmodified (clean) audit opinion
AuditorSHANNON & ASSOCIATES, LLP
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,015
Total administrative$38,015
The Traction Capital Partners LLC 401(k) match · 2024
Employer contribution per active participant$2,579
Median for plans this size$1,313

Traction Capital Partners LLC's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2024$38,015 · 1.10%
Similar plansProfessional & Technical Services · Washington
Probi USA, Inc. WA$4.4M · 0.53%
Gravis Law, PLLC WA$4.2M · 1.13%
Echonous, Inc. WA$3.9M · 0.04%
Twinstrand Biosciences WA$3.8M · 0.14%
Edmodo, LLC WA$3.8M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 831491268 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.