Plan Ledger DOL Form 5500 · updated monthly

Wongdoody, Inc.401(k)

WONGDOODY, INC. 401(K) RETIREMENT SAVINGS PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Wongdoody, Inc. reported $42,133 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $1,581 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 rose from 0.19% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 679th-largest of 1,714 plans among Washington employers on file, and the 5,466th of 11,654 in professional & technical services. In 2024, employees put in $5.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,500,643
Participants with balances222
Active participants166
Employer contributions$262,368
Employee contributions$1,547,635
Employer contribution per active participant$1,581
Average account balance$92,345
Benefits paid to participants$2,620,627
Plan auditUnmodified (clean) audit opinion
AuditorBDO USA PC
Plan history3
Yearassets · accounts · employer contribution
2024$20.5M · 222 accts · $262K emplr
2023$18.8M · 234 accts · $458K emplr
2022$15.2M · 204 accts · $316K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,835
Audit (IQPA)$27,298
Total administrative$42,133
The Wongdoody, Inc. 401(k) match · 2024
Employer contribution per active participant$1,581
Median for plans this size$2,416
2024$1,581 per active participant
2023$2,256 per active participant
2022$1,904 per active participant

Wongdoody, Inc.'s 2024 employer contribution ran below 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 · 20246
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$14,834
BDO · Accounting / audit$13,650
BDO · Accounting / audit$13,650
MOORE, KARL A. · Other servicesindirect comp
KESTRA INVESTMENT SERVICES LLC · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)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$42,133 · 0.21%
2023$39,854 · 0.23%
2022$31,064 · 0.19%
Same employer
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Seeq Corporation WA$20.9M · 0.07%
Logic 20/20 Inc WA$20.7M · 0.45%
Opportunity Council WA$20.6M · 0.33%
Appen Butler Hill, Inc. WA$20.2M · 0.37%
Mackay & Sposito, Inc. WA$20.1M · 0.31%
Concentric Group, Inc. WA$20.0M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 912094568 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.