Plan Ledger DOL Form 5500 · updated monthly

Bellwether HousingDC plan

BELLWETHER HOUSING RETIREMENT SAVINGS PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Bellwether Housing reported $31,146 in plan administrative expenses for 2024: 0.36% of average plan assets, below the peer median. Employer contributions averaged $1,408 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 3 years on file its reported administrative ratio has held roughly steady near 0.357%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Washington (1,116th of 1,714), and 1,162nd of 2,096 in real estate & leasing. In 2024, employees put in $2.49 for every $1.00 the employer contributed; active participation has grown from 158 to 183 since 2022.

Plan summary
Net assets, end of year$9,187,015
Participants with balances344
Active participants183
Employer contributions$257,729
Employee contributions$642,521
Employer contribution per active participant$1,408
Average account balance$26,706
Benefits paid to participants$1,193,428
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.2M · 344 accts · $258K emplr
2023$8.3M · 267 accts · $223K emplr
2022$7.4M · 279 accts · $245K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,146
Investment management$27,000
Total administrative$31,146
Employer contributions to the Bellwether Housing plan · 2024
Employer contribution per active participant$1,408
Median for plans this size$1,313
2024$1,408 per active participant
2023$1,413 per active participant
2022$1,551 per active participant

Bellwether Housing's 2024 employer contribution ran above the $1,313 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 · 20243
USI ADVISORS · Investment advisory (participants) · Investment advisory (plan)$27,000
CHARLES SCHWAB & CO · Custodial · Custodial (securities)indirect comp
CHARLES SCHWAB BANK · Custodial · Custodial (securities)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$31,146 · 0.36%
2023$37,698 · 0.48%
2022$30,819 · 0.36%
Same employer
Similar plansReal Estate & Leasing · Washington
Idm Companies, LLC WA$6.3M · 1.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911116960 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.