Plan Ledger DOL Form 5500 · updated monthly

Valley Residential Services401(k)

VALLEY RESIDENTIAL SERVICES 401(K) PLAN · WALLA WALLA, WA · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

Valley Residential Services reported $14,276 in plan administrative expenses for 2024: 0.67% of average plan assets, above the peer median. Employer contributions averaged $798 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 0.67%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Washington (1,542nd of 1,714), and 9,753rd of 11,911 in health care & social assistance. In 2024, employees put in $1.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,353,835
Participants with balances141
Active participants156
Employer contributions$124,462
Employee contributions$225,543
Employer contribution per active participant$798
Average account balance$16,694
Benefits paid to participants$136,688
Plan auditUnmodified (clean) audit opinion
AuditorPRESNELL GAGE
Plan history3
Yearassets · accounts · employer contribution
2024$2.4M · 141 accts · $124K emplr
2023$1.9M · 129 accts · $107K emplr
2022$1.6M · 129 accts · $120K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$765
Investment management$13,511
Total administrative$14,276
The Valley Residential Services 401(k) match · 2024
Employer contribution per active participant$798
Median for plans this size$1,313
2024$798 per active participant
2023$702 per active participant
2022$799 per active participant

Valley Residential Services's 2024 employer contribution ran below the $1,313 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 · 20241
RAYMOND JAMES · Investment advisory (participants)$13,511

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$14,276 · 0.67%
2023$12,231 · 0.71%
2022$11,830 · 0.70%
Similar plansHealth Care & Social Assistance · Washington
Center for Human Services WA$2.7M · 0.91%
Remote Medicine Inc. WA$2.7M · 0.83%
Kin on Health Care Center WA$2.5M · 1.67%
Peninsula Services WA$2.4M · 0.12%
Provail WA$2.3M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911163446 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.