Plan Ledger DOL Form 5500 · updated monthly

Friends of Youth403(b)

FRIENDS OF YOUTH 403(B) RETIREMENT PLAN · KIRKLAND, WA · plan year 2024

Reported admin expense ratio · 2024
0.94%

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

Friends of Youth reported $46,257 in plan administrative expenses for 2024: 0.94% of average plan assets, higher than ~75% of peers. Employer contributions averaged $948 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 0.94%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Washington (1,346th of 1,714), and 2,283rd of 3,341 in other services. In 2024, employees put in $2.80 for every $1.00 the employer contributed; active participation has shrunk from 196 to 124 since 2022.

Plan summary
Net assets, end of year$5,054,619
Participants with balances174
Active participants124
Employer contributions$117,512
Employee contributions$328,878
Employer contribution per active participant$948
Average account balance$29,050
Benefits paid to participants$774,301
Plan auditDisclaimer of opinion
AuditorGREENWOOD OHLUND PS
Plan history3
Yearassets · accounts · employer contribution
2024$5.1M · 174 accts · $118K emplr
2023$4.8M · 202 accts · $139K emplr
2022$4.0M · 224 accts · $131K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,122
Investment management$17,135
Total administrative$46,257
Employer contributions to the Friends of Youth plan · 2024
Employer contribution per active participant$948
Median for plans this size$1,313
2024$948 per active participant
2023$750 per active participant
2022$668 per active participant

Friends of Youth's 2024 employer contribution ran below 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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$29,122
GALLAGHER FIDUCIARY ADVISORS, LLC · Investment advisory (plan)$17,135

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$46,257 · 0.94%
2023$41,174 · 0.93%
2022$37,187 · 0.97%
Same employer
Similar plansOther Services · Washington
Puget Collision, LLC WA$5.8M · 0.16%
Epic WA$5.7M · 0.07%
El Centro de la Raza WA$5.4M · 0.20%
Rla Engineering, LLC WA$4.5M · 1.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910672501 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.