Plan Ledger DOL Form 5500 · updated monthly

Full Life Care403(b)

FULL LIFE CARE EMPLOYEES' SAVINGS PLAN · SEATTLE, WA · plan year 2023

Reported admin expense ratio · 2023
0.04%

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

Full Life Care reported $2,321 in plan administrative expenses for 2023: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $139 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 2 years on file its reported administrative ratio has held roughly steady near 0.042%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Washington (1,297th of 1,714), and 7,459th of 11,911 in health care & social assistance. In 2023, employees put in $5.98 for every $1.00 the employer contributed; active participation has shrunk from 446 to 251 since 2022.

Plan summary
Net assets, end of year$5,817,247
Participants with balances251
Active participants251
Employer contributions$34,830
Employee contributions$208,439
Employer contribution per active participant$139
Average account balance$23,176
Benefits paid to participants$328,914
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$5.8M · 251 accts · $35K emplr
2022$5.2M · 249 accts · $65K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,321
Total administrative$2,321
The Full Life Care 401(k) match · 2023
Employer contribution per active participant$139
Median for plans this size$1,308
2023$139 per active participant
2022$147 per active participant

Full Life Care's 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom quarter of its peers. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024Not separately reported
2023$2,321 · 0.04%
2022$2,402 · 0.04%
Same employer
Similar plansHealth Care & Social Assistance · Washington
Childhaven WA$6.1M · 0.64%
SH1 Hold Co, LLC WA$6.0M · 2.06%
Nspt Inc WA$5.7M · 0.13%
Columbia Wellness WA$5.7M · 0.87%
Millennium Advisors, Inc. WA$5.7M · 1.21%
Buron, Inc. WA$5.6M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911095588 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.