JKT Gaming, Inc. DBA 7 Cedars 401(k) Review & Grade
7 Cedars 401(k) Plan
Sequim, WAArts, Entertainment & Recreation554 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$817Employer $ per active participant
$1,739Employee $ saved per active participant
0.64%Direct admin cost, % of plan assets
$12.7MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity21.0 / 5042th percentile for employer $ per participant
- Low cost3.9 / 2515th percentile for low admin cost vs. same-size plans
- Employee saving5.6 / 1537th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score31 / 100 · Grade D
This plan vs. peers
Peers: Arts, Entertainment & Recreation plans with 500–2,499 active participants (225 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 42th |
| Lower admin cost | 15th |
| Employee saving | 37th |
| Peers that auto-enroll | 38% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Corrective distributions: the plan refunded $37,561 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- JKT Gaming, Inc. DBA 7 Cedars put in about $817 per active participant, below the typical peer ($995). 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.
- Direct plan expenses (0.64% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $452,710 |
| Participant (employee) contributions | $963,172 |
| Other contributions (incl. rollovers in) | $47,220 |
| Administrative expenses paid from the plan | $75,408 |
| Contract administrator fees | $47,277 |
| Investment advisory & management fees | $11,252 |
| Other admin expenses | $16,879 |
| Benefits paid out | $377,768 |
| Net assets, start / end of year | $10.8M / $12.7M |
| Active participants, start / end of year | 548 / 560 |
| Participants with account balances | 265 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Baker Tilly, US LLP |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $47,277 reported compensation |
| Merrill Lynch Pierce Fenner & Smith | $28,160 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250919161704NAL0002910176001, received 2025-09-19, EIN 91-1612879, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.