Plan Ledger DOL Form 5500 · updated monthly

Inspire Development Centers401(k)

INSPIRE DEVELOPMENT CENTERS 401(K) PROFIT SHARING PLAN · SUNNYSIDE, WA · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Inspire Development Centers reported $168,123 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,461 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 0.57%. 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 512th-largest of 1,714 plans among Washington employers on file, and the 2,694th of 11,911 in health care & social assistance. In 2024, employees put in $1.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$31,085,447
Participants with balances739
Active participants883
Employer contributions$1,289,890
Employee contributions$1,556,719
Employer contribution per active participant$1,461
Average account balance$42,064
Benefits paid to participants$2,950,049
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$31.1M · 739 accts · $1.3M emplr
2023$28.1M · 738 accts · $1.3M emplr
2022$23.6M · 711 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$111,990
Investment management$55,967
Trustee / custodial$166
Total administrative$168,123
The Inspire Development Centers 401(k) match · 2024
Employer contribution per active participant$1,461
Median for plans this size$2,416
2024$1,461 per active participant
2023$1,406 per active participant
2022$1,525 per active participant

Inspire Development Centers'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
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$111,991
UBS FINANCIAL SERVICES, INC. · Pension consulting · Investment advisory (plan)$55,967

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$168,123 · 0.57%
2023$154,108 · 0.60%
2022$139,432 · 0.55%
Same employer
Similar plansHealth Care & Social Assistance · Washington
Era Living, LLC WA$33.3M · 0.40%
Prestige Care, Inc. WA$31.3M · 0.63%
Lifecenter Northwest WA$28.9M · 0.23%
Skinspirit Essential, LLC WA$28.8M · 0.06%
Unity Care Northwest WA$27.6M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911220150 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.