Plan Ledger DOL Form 5500 · updated monthly

Washington Permanente Medical Group, P.C.401(k)

WPMG 401(K) RETIREMENT SAVINGS PLAN · RENTON, WA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Washington Permanente Medical Group, P.C. reported $603,635 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $25,433 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 0.07% to 0.04%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 20th-largest of 1,714 plans among Washington employers on file, and the 120th of 11,911 in health care & social assistance. In 2024, the employer put in $1.30 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$1,469,819,796
Participants with balances2,248
Active participants1,654
Employer contributions$42,066,008
Employee contributions$32,345,055
Employer contribution per active participant$25,433
Average account balance$653,834
Benefits paid to participants$91,397,337
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.5B · 2,248 accts · $42.1M emplr
2023$1.3B · 2,283 accts · $36.1M emplr
2022$1.1B · 2,283 accts · $38.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,935
Investment management$598,700
Total administrative$603,635
The Washington Permanente Medical Group, P.C. 401(k) match · 2024
Employer contribution per active participant$25,433
Median for plans this size$5,259
2024$25,433 per active participant
2023$21,055 per active participant
2022$21,795 per active participant

Washington Permanente Medical Group, P.C.'s 2024 employer contribution ran above the $5,259 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.

Service providers · 202412
SCHWAB RETIREMENT PLAN SERVICES INC · Recordkeeping · Investment advisory (participants)$48,691
MERCER INVESTMENT MANAGEMENT · Investment management$137,602
MUTUAL ADVISORS LLC · Investment advisory (participants)$48,316
HOHIMER WEALTH MANAGEMENT LLC · Investment advisory (participants)$36,830
PRIVATE ADVISOR GROUP LLC · Investment advisory (participants)$34,257
LPL FINANCIAL LLC · Investment advisory (participants)$33,642
CAMBRIDGE INVESTMENT RESEARCH · Investment advisory (participants)$29,937
CREATIVE PLANNING LLC · Investment advisory (participants)$27,405
ENVESTNET ASSET MANAGEMENT INC · Investment advisory (participants)$25,641
FOCUS PARTNERS WEALTH LLC · Investment advisory (participants)$20,638
COMMONWEALTH EQUITY SERVICES I · Investment advisory (participants)$19,500
NORTHERN CAPITAL MANAGEMENT IN · Investment advisory (participants)$18,765

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$603,635 · 0.04%
2023$579,000 · 0.05%
2022$915,539 · 0.07%
Similar plansHealth Care & Social Assistance · Washington
St.Joseph Health System WA$4.5B · 0.06%
Multicare Health System WA$1.2B · 0.15%
Confluence Health WA$697.1M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911841629 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.