Pacific Cataract and Laser Institute, Inc., PC 401(k) Review & Grade
Pacific Cataract and Laser Institute, Inc. PC 401(k) Plan
Chehalis, WAHealth Care & Social Assistance620 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,502Employer $ per active participant
$7,003Employee $ saved per active participant
0.09%Direct admin cost, % of plan assets
$92.8MNet plan assets, end of year
$166,903Average balance per account
Score breakdown
- Employer generosity42.7 / 5085th percentile for employer $ per participant
- Low cost19.2 / 2577th percentile for low admin cost vs. same-size plans
- Employee saving13.9 / 1593th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score79 / 100 · Grade A
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 85th |
| Lower admin cost | 77th |
| Employee saving | 93th |
| Peers that auto-enroll | 36% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Pacific Cataract and Laser Institute, Inc. put in about $3,502 per active participant, more than the typical peer ($976). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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 | $2,172,727 |
| Participant (employee) contributions | $4,345,257 |
| Other contributions (incl. rollovers in) | $55,312 |
| Administrative expenses paid from the plan | $76,812 |
| Contract administrator fees | $40,812 |
| Investment advisory & management fees | $36,000 |
| Benefits paid out | $5,274,993 |
| Net assets, start / end of year | $80.7M / $92.8M |
| Active participants, start / end of year | 609 / 632 |
| Participants with account balances | 556 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | RSM US LLP |
Largest service providers (Schedule C)
| Sageview Advisory Group | $36,000 reported compensation |
| Pension Plan Specialists PC | $25,291 reported compensation |
| Empower Annuity Insurance Company | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250926123144NAL0008537281001, received 2025-09-26, EIN 91-1394965, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.