Employers › Barrett Business Services
Recordkeeping fees per participant · Barrett Business Services, Inc. Retirement Savings Plan · plan year 2024
$104.14
Higher than 93% of the 1,697 plans $250M to 1B that report it.
= $902,828 / 8,669
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251014120728NAL0002720801001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014120728NAL0002720801001, received 2025-10-14
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-14.
Administrative expenses excluding investment management, per participant
$107.76
Higher than 80% of the 2,324 plans $250M to 1B that report it.
= $934,182 / 8,669
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014120728NAL0002720801001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014120728NAL0002720801001, received 2025-10-14
Administrative expenses per participant
$122.47
Higher than 71% of the 2,405 plans $250M to 1B that report it.
= $1,061,682 / 8,669
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014120728NAL0002720801001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014120728NAL0002720801001, received 2025-10-14
Administrative expenses as a share of assets
0.407%
Higher than 99% of the 2,407 plans $250M to 1B that report it.
= $1,061,682 / $260,753,351
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014120728NAL0002720801001, received 2025-10-14
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014120728NAL0002720801001, received 2025-10-14
Employer contributions per participant
$1,460
Higher than 15% of the 2,457 plans $250M to 1B that report it.
= $12,657,869 / 8,669
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014120728NAL0002720801001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014120728NAL0002720801001, received 2025-10-14
Employer share of total contributions
27.6%
Higher than 39% of the 2,459 plans $250M to 1B that report it.
= $12,657,869 / $45,863,800
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014120728NAL0002720801001, received 2025-10-14
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014120728NAL0002720801001, received 2025-10-14
Employer match
“We match 100% of contributions by management and staffing employees up to 3% of each participating employee's annual compensation and 50% of the employee's contributions up to an additional 2% of annual compensation.”
Form 10-K filed 2026-02-26, for the year ended 2025-12-31 · benefits note, 10-K benefits note · source document
Vesting
“Matching contributions to the 401(k) plan for management and staffing employees are made under a safe harbor provision, which are immediately 100% vested.”
Form 10-K filed 2026-02-26, for the year ended 2025-12-31 · benefits note, 10-K benefits note · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3D IRS pre-approved plan · 2A age/service-weighted · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251014120728NAL0002720801001, received 2025-10-14
| Field | Value | Source |
|---|---|---|
| Plan sponsor | BARRETT BUSINESS SERVICES, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251014120728NAL0002720801001, received 2025-10-14 |
| Plan name | BARRETT BUSINESS SERVICES, INC. RETIREMENT SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251014120728NAL0002720801001, received 2025-10-14 |
| Sponsor EIN / plan number | 52-0812977 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251014120728NAL0002720801001, received 2025-10-14 |
| Plan type | multiple-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251014120728NAL0002720801001, received 2025-10-14 |
| Sponsor location | VANCOUVER, WA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251014120728NAL0002720801001, received 2025-10-14 |
| Industry (business code) | 531110, Real estate and rental and leasing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251014120728NAL0002720801001, received 2025-10-14 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251014120728NAL0002720801001, received 2025-10-14 |
| Filing received | 2025-10-14 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251014120728NAL0002720801001, received 2025-10-14 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251014120728NAL0002720801001, received 2025-10-14 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251014120728NAL0002720801001, received 2025-10-14 |
| Participants, beginning of year | 49,064 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251014120728NAL0002720801001, received 2025-10-14 |
| Active participants | 51,743 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251014120728NAL0002720801001, received 2025-10-14 |
| Participants, end of year | 53,428 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251014120728NAL0002720801001, received 2025-10-14 |
| Participants with an account balance | 8,669 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014120728NAL0002720801001, received 2025-10-14 |
| Total assets, beginning of year | $194,723,948 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251014120728NAL0002720801001, received 2025-10-14 |
| Total assets, end of year | $260,753,351 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014120728NAL0002720801001, received 2025-10-14 |
| Net assets, end of year | $260,753,351 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251014120728NAL0002720801001, received 2025-10-14 |
| Total income | $75,606,714 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251014120728NAL0002720801001, received 2025-10-14 |
| Net income | $50,972,135 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251014120728NAL0002720801001, received 2025-10-14 |
| Employer contributions | $12,657,869 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014120728NAL0002720801001, received 2025-10-14 |
| Participant contributions | $30,086,920 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251014120728NAL0002720801001, received 2025-10-14 |
| Other contributions (incl. rollovers) | $3,119,011 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251014120728NAL0002720801001, received 2025-10-14 |
| Total contributions | $45,863,800 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014120728NAL0002720801001, received 2025-10-14 |
| Benefit payments | $23,572,897 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251014120728NAL0002720801001, received 2025-10-14 |
| Total expenses (incl. benefit payments) | $24,634,579 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251014120728NAL0002720801001, received 2025-10-14 |
| Total administrative expenses | $1,061,682 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014120728NAL0002720801001, received 2025-10-14 |
| Recordkeeping fees | $902,828 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251014120728NAL0002720801001, received 2025-10-14 |
| Investment advisory and management fees | $127,500 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251014120728NAL0002720801001, received 2025-10-14 |
| Administrative expenses excluding investment management | $934,182 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014120728NAL0002720801001, received 2025-10-14 |
| Held in mutual funds | $244,841,886 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251014120728NAL0002720801001, received 2025-10-14 |
| Independent auditor | PERKINS & COMPANY, PC | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251014120728NAL0002720801001, received 2025-10-14 |
Position = column in the DOL layout for form year 2024. Filing 20251014120728NAL0002720801001, received 2025-10-14.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| MILLIMAN, INC.recordkeeper | NONE | 15 Recordkeeping and information management; 17 Consulting (pension); 37 Participant loan processing; 38 Participant communication; 50 Direct payment from the plan; 64 Recordkeeping fees | $902,828 | no |
| MORGAN STANLEY SMITH BARNEY | NONE | 28 Investment management; 50 Direct payment from the plan | $127,500 | no |
| CHARLES SCHWAB TRUST BANK | NONE | 19 Custodial (securities); 25 Trustee (directed); 59 Shareholder servicing fees; 62 Float revenue | $29,442 | yes |
| CHARLES SCHWAB & CO., INC. | NONE | 19 Custodial (securities); 59 Shareholder servicing fees | $0 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251014120728NAL0002720801001, received 2025-10-14.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $194,723,948 | $260,753,351 | 33.9% |
| Participants with a balance | 5,903 | 8,669 | 46.9% |
| Administrative expenses | $831,963 | $1,061,682 | 27.6% |
| Recordkeeping fees per participant | $114.60 | $104.14 | -9.1% |
| Employer contributions | $10,299,843 | $12,657,869 | 22.9% |
Prior filing 20241014115543NAL0014877779001, received 2024-10-14; the plan years are contiguous.
Sponsor name as filed: BARRETT BUSINESS SERVICES, INC.; SEC registrant: BARRETT BUSINESS SERVICES INC (CIK 902791, matched by EIN; display name from the Form 10-K cover).