Plan Ledger DOL Form 5500 · updated monthly

Multi-Service CenterDC plan

EMPLOYEE BENEFIT PLAN OF MULTI-SERVICE CENTER · FEDERAL WAY, WA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Multi-Service Center reported $666 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,434 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 1 year on file its reported administrative ratio fell from 0.021% to 0.017%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Washington (1,416th of 1,714), and 8,470th of 11,911 in health care & social assistance. In 2024, employees put in $1.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,118,333
Participants with balances150
Active participants103
Employer contributions$147,727
Employee contributions$246,664
Employer contribution per active participant$1,434
Average account balance$27,456
Benefits paid to participants$261,511
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$4.1M · 150 accts · $148K emplr
2023$3.5M · 129 accts · $126K emplr
Employer contributions to the Multi-Service Center plan · 2024
Employer contribution per active participant$1,434
Median for plans this size$1,313
2024$1,434 per active participant
2023$1,011 per active participant

Multi-Service Center's 2024 employer contribution ran above the $1,313 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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$666

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$666 · 0.02%
2023$665 · 0.02%
Similar plansHealth Care & Social Assistance · Washington
Lifelong-Health for All WA$4.3M · 0.45%
Smiles Dental Group, PC WA$4.3M · 0.92%
Blackfly Investments, LLC WA$4.3M · 0.58%
Farestart WA$4.2M · 0.53%
Youth Care, Inc. WA$4.1M · 1.06%
Cascade Connections WA$4.1M · 0.75%
Housing Hope WA$3.9M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237120815 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.