Plan Ledger DOL Form 5500 · updated monthly

Kline Galland Center403(b)

KLINE GALLAND CENTER TAX SHELTERED ANNUITY PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Kline Galland Center reported $1,330 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $927 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 0.003% to 0.003%. 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 383rd-largest of 1,714 plans among Washington employers on file, and the 2,018th of 11,911 in health care & social assistance. In 2024, employees put in $2.02 for every $1.00 the employer contributed; active participation has grown from 664 to 959 since 2022.

Plan summary
Net assets, end of year$45,700,452
Participants with balances1,089
Active participants959
Employer contributions$888,650
Employee contributions$1,796,641
Employer contribution per active participant$927
Average account balance$41,966
Benefits paid to participants$2,694,793
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$45.7M · 1,089 accts · $889K emplr
2023$41.5M · 1,067 accts · $867K emplr
2022$37.4M · 1,031 accts · $822K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,330
Total administrative$1,330
Employer contributions to the Kline Galland Center plan · 2024
Employer contribution per active participant$927
Median for plans this size$2,416
2024$927 per active participant
2023$1,232 per active participant
2022$1,237 per active participant

Kline Galland Center's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20241
LINCOLN NATIONAL CORPORATION · Contract administrator$10,068

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$1,330 · 0.00%
2023$2,800 · 0.01%
2022$1,030 · 0.00%
Similar plansHealth Care & Social Assistance · Washington
Frontier Behavioral Health WA$46.3M · 0.43%
Spokane Eye Clinic Ps WA$46.1M · 0.31%
Leisure Care, LLC WA$45.1M · 0.71%
Peacehealth WA$42.9M · 0.06%
Sound WA$41.5M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911154904 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.