Cascade Living Group, Inc. 401(k) Review & Grade
Cascade Living Group, Inc. 401(k) Plan
Bothell, WAHealth Care & Social Assistance1,208 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$325Employer $ per active participant
$659Employee $ saved per active participant
0.14%Direct admin cost, % of plan assets
$4.5MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity13.7 / 5027th percentile for employer $ per participant
- Low cost16.5 / 2566th percentile for low admin cost vs. same-size plans
- Employee saving2.2 / 1515th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score32 / 100 · Grade D
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 27th |
| Lower admin cost | 66th |
| Employee saving | 15th |
| Peers that auto-enroll | 36% |
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Red flags from the filing
Corrective distributions: the plan refunded $19,951 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Cascade Living Group put in about $325 per active participant, below the typical peer ($976). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $392,293 |
| Participant (employee) contributions | $795,648 |
| Other contributions (incl. rollovers in) | $246,865 |
| Administrative expenses paid from the plan | $5,250 |
| Contract administrator fees | $5,250 |
| Benefits paid out | $473,677 |
| Net assets, start / end of year | $3.2M / $4.5M |
| Active participants, start / end of year | 1,215 / 1,201 |
| Participants with account balances | 225 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Bdo USA, P.C. |
Largest service providers (Schedule C)
| John Hancock USA | $1,450 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251230094333NAL0044346242001, received 2025-12-30, EIN 20-8335076, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.