Plan Ledger DOL Form 5500 · updated monthly

King's Way Christian Schools403(b)

KING'S WAY CHRISTIAN SCHOOLS 403(B) PLAN · VANCOUVER, WA · plan year 2022

Reported admin expense ratio · 2022
1.01%

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

King's Way Christian Schools reported $15,519 in plan administrative expenses for 2022: 1.01% of average plan assets, higher than ~75% of peers. Employer contributions averaged $653 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Washington (1,605th of 1,714), and 2,916th of 3,091 in educational services. In 2022, employees put in $2.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,520,965
Participants with balances68
Active participants173
Employer contributions$113,023
Employee contributions$294,948
Employer contribution per active participant$653
Average account balance$22,367
Benefits paid to participants$147,980
Plan auditUnmodified (clean) audit opinion
AuditorLAUKA MCGUIRE, PC
Administrative expenses, itemized · 2022
Investment management$15,519
Total administrative$15,519
The King's Way Christian Schools 401(k) match · 2022
Employer contribution per active participant$653
Median for plans this size$1,114

King's Way Christian Schools's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$15,519 · 1.01%
Same employer
Similar plansEducational Services · Washington
Westside School WA$4.6M · 0.03%
Oic of Washington WA$3.8M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 473890449 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.