Plan Ledger DOL Form 5500 · updated monthly

Columbia Lutheran Ministries403(b)

COLUMBIA LUTHERAN MINISTRIES 403(B) RETIREMENT PLAN · SEATTLE, WA · plan year 2022

Reported admin expense ratio · 2022
0.09%

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

Columbia Lutheran Ministries reported $1,755 in plan administrative expenses for 2022: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,598 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Washington (1,577th of 1,714), and 10,096th of 11,911 in health care & social assistance. In 2022, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,953,857
Participants with balances69
Active participants110
Employer contributions$175,832
Employee contributions$350,769
Employer contribution per active participant$1,598
Average account balance$28,317
Benefits paid to participants$207,419
Plan auditUnmodified (clean) audit opinion
AuditorPAULSEN, MEGAARD & CO., P.S.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,755
Total administrative$1,755
Employer contributions to the Columbia Lutheran Ministries plan · 2022
Employer contribution per active participant$1,598
Median for plans this size$1,114

Columbia Lutheran Ministries's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$1,755 · 0.09%
Similar plansHealth Care & Social Assistance · Washington
Compass Housing Alliance WA$1.8M · 0.08%
The Kenney WA$1.7M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910570840 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.