Plan Ledger DOL Form 5500 · updated monthly

Kindering Center403(b)

KINDERING CENTER 403(B) PLAN · BELLEVUE, WA · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Kindering Center reported $41,032 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $1,398 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 0.29% to 0.24%. 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 739th-largest of 1,714 plans among Washington employers on file, and the 3,915th of 11,911 in health care & social assistance. In 2024, employees put in $3.54 for every $1.00 the employer contributed; active participation has grown from 206 to 276 since 2022.

Plan summary
Net assets, end of year$18,333,193
Participants with balances253
Active participants276
Employer contributions$385,910
Employee contributions$1,367,929
Employer contribution per active participant$1,398
Average account balance$72,463
Benefits paid to participants$1,152,891
Plan auditDisclaimer of opinion
AuditorSWEENY CONRAD, P.S.
Plan history3
Yearassets · accounts · employer contribution
2024$18.3M · 253 accts · $386K emplr
2023$15.2M · 251 accts · $319K emplr
2022$11.8M · 227 accts · $305K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,221
Total administrative$41,032
Employer contributions to the Kindering Center plan · 2024
Employer contribution per active participant$1,398
Median for plans this size$2,416
2024$1,398 per active participant
2023$1,251 per active participant
2022$1,480 per active participant

Kindering Center'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
NEWPORT GROUP, INC. · Recordkeeping$28,221
NEWPORT GROUP CONSULTING · Investment management$12,811

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

Administrative cost history3
2024$41,032 · 0.24%
2023$38,335 · 0.28%
2022$37,335 · 0.29%
Same employer
Similar plansHealth Care & Social Assistance · Washington
Olympic Sports & Spine PLLC WA$20.1M · 0.93%
Wesley Homes WA$19.6M · 0.34%
Othello Community Hospital WA$18.6M · 0.61%
Horizon House WA$17.2M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910816827 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.