Plan Ledger DOL Form 5500 · updated monthly

Millionair Club, Inc.403(b)

THE MILLIONAIR CLUB CHARITY TAX SHELTERED ANNUITY PLAN · SEATTLE, WA · plan year 2022

Reported admin expense ratio · 2022
0.03%

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

Millionair Club, Inc. reported $310 in plan administrative expenses for 2022: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $60 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 health care & social assistance employers. By assets it is among the smaller plans on file in Washington (1,628th of 1,714), and 10,801st of 11,911 in health care & social assistance. In 2022, employees put in $1.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,119,809
Participants with balances51
Active participants894
Employer contributions$53,776
Employee contributions$66,908
Employer contribution per active participant$60
Average account balance$21,957
Benefits paid to participants$90,361
Plan auditUnmodified (clean) audit opinion
AuditorGREENWOOD OHLUND, PS
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$310
Total administrative$310
Employer contributions to the Millionair Club, Inc. plan · 2022
Employer contribution per active participant$60
Median for plans this size$1,114

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

Administrative cost history1
2022$310 · 0.03%
Similar plansHealth Care & Social Assistance · Washington
Abam Services, LLC WA$929K · 0.07%
Gencare Inc WA$882K · 1.80%
Chief Seattle Club WA$856K · 1.07%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 910607513 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.