Plan Ledger DOL Form 5500 · updated monthly

Tri-City Orthopaedic Clinic, PSC401(k)

TRI-CITY ORTHOPAEDIC CLINIC, PSC 401(K) PROFIT SHARING PLAN · KENNEWICK, WA · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Tri-City Orthopaedic Clinic, PSC reported $61,053 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,817 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 2 years on file its reported administrative ratio fell from 0.60% to 0.56%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Washington (1,011th of 1,714), and the 5,384th of 11,911 in health care & social assistance. In 2024, employees put in $1.98 for every $1.00 the employer contributed; active participation has shrunk from 102 to 91 since 2022.

Plan summary
Net assets, end of year$11,181,419
Participants with balances107
Active participants91
Employer contributions$256,367
Employee contributions$507,390
Employer contribution per active participant$2,817
Average account balance$104,499
Benefits paid to participants$1,726,477
Plan auditUnmodified (clean) audit opinion
AuditorPETERSEN CPAS AND ADVISORS PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$11.2M · 107 accts · $256K emplr
2023$10.7M · 123 accts · $260K emplr
2022$9.4M · 123 accts · $301K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,363
Investment management$39,250
Trustee / custodial$6,440
Total administrative$61,053
The Tri-City Orthopaedic Clinic, PSC 401(k) match · 2024
Employer contribution per active participant$2,817
Median for plans this size$2,416
2024$2,817 per active participant
2023$2,498 per active participant
2022$2,950 per active participant

Tri-City Orthopaedic Clinic, PSC'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 · 20243
HFG TRUST LLC · Recordkeeping · Trustee$39,250
RANDAL & HURLEY, INC · Recordkeeping · Pension consulting$15,363
CHARLES SCHWAB TRUST BANK · Custodial (securities) · Trustee$6,440

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

Recordkeeper by year2
2024HFG TRUST LLC, RANDAL & HURLEY, INC
2023HFG TRUST LLC, RANDAL & HURLEY, INC

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

Administrative cost history3
2024$61,053 · 0.56%
2023$42,840 · 0.42%
2022$61,652 · 0.60%
Same employer
Similar plansHealth Care & Social Assistance · Washington
Northwest Pathology, Ps WA$12.0M · 0.47%
Vera Whole Health Inc WA$11.1M · 0.55%
Children's Therapy Center WA$11.0M · 0.42%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 911866685 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.