Plan Ledger DOL Form 5500 · updated monthly

Healthpoint403(b)

HEALTHPOINT 403(B) SAVINGS PLAN · RENTON, WA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Healthpoint reported $56,826 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $2,088 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 fell from 0.23% to 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 455th-largest of 1,714 plans among Washington employers on file, and the 2,428th of 11,911 in health care & social assistance. In 2024, employees put in $6.74 for every $1.00 the employer contributed; active participation has grown from 301 to 343 since 2022.

Plan summary
Net assets, end of year$35,745,501
Participants with balances442
Active participants343
Employer contributions$716,076
Employee contributions$4,826,292
Employer contribution per active participant$2,088
Average account balance$80,872
Benefits paid to participants$1,385,077
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$35.7M · 442 accts · $716K emplr
2023$27.0M · 406 accts · $613K emplr
2022$18.9M · 361 accts · $619K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,826
Total administrative$56,826
Employer contributions to the Healthpoint plan · 2024
Employer contribution per active participant$2,088
Median for plans this size$2,416
2024$2,088 per active participant
2023$1,638 per active participant
2022$2,058 per active participant

Healthpoint's 2024 employer contribution ran below the $2,416 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
BENEFIT ADMINISTRATION COMPANY, LLC · Contract administrator · Recordkeeping$21,926
BAC CAPITAL ADVISORS, LLC · Investment advisory (participants) · Investment advisory (plan)$43,064

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

Recordkeeper by year2
2024BENEFIT ADMINISTRATION COMPANY, LLC
2023BENEFIT ADMINISTRATION COMPANY, LLC

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

Administrative cost history3
2024$56,826 · 0.18%
2023$48,942 · 0.21%
2022$42,027 · 0.23%
All plans at this employer2
HEALTHPOINT 401(K) RETIREMENT PLAN401(k)
HEALTHPOINT 403(B) SAVINGS PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · Washington
Pediatrics Northwest, P.S. WA$36.8M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910884412 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.