Plan Ledger DOL Form 5500 · updated monthly

Greater Washington Educational Telecommunications Association, Inc403(b)

WETA 403(B) TAX DEFERRED SAVINGS PLAN · ARLINGTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Greater Washington Educational Telecommunications Association, Inc reported $160,589 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $8,671 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 rose from 0.14% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 263rd-largest of 2,266 plans among Virginia employers on file, and the 179th of 3,341 in other services. In 2024, employees put in $1.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$109,303,770
Participants with balances517
Active participants411
Employer contributions$3,563,688
Employee contributions$4,110,864
Employer contribution per active participant$8,671
Average account balance$211,419
Benefits paid to participants$10,503,048
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$109.3M · 517 accts · $3.6M emplr
2023$99.6M · 520 accts · $3.3M emplr
2022$86.3M · 477 accts · $2.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$82,178
Investment management$59,691
Audit (IQPA)$18,720
Total administrative$160,589
Employer contributions to the Greater Washington Educational Telecommunications Association, Inc plan · 2024
Employer contribution per active participant$8,671
Median for plans this size$3,635
2024$8,671 per active participant
2023$8,121 per active participant
2022$7,106 per active participant

Greater Washington Educational Telecommunications Association, Inc's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$82,178
MERCER INVESTMENT MANAGEMENT · Consulting$59,691
RSM US LLP · Accounting / audit$18,720
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$160,589 · 0.15%
2023$133,725 · 0.14%
2022$131,299 · 0.14%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 530242992 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.