Plan Ledger DOL Form 5500 · updated monthly

Museum of Flight Foundation403(b)

MUSEUM OF FLIGHT 403(B) PLAN · TUKWILA, WA · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Museum of Flight Foundation reported $30,775 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $1,863 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 0.21% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Washington (866th of 1,714), and the 529th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $2.21 for every $1.00 the employer contributed; active participation has grown from 162 to 228 since 2022.

Plan summary
Net assets, end of year$14,560,790
Participants with balances258
Active participants228
Employer contributions$424,856
Employee contributions$939,573
Employer contribution per active participant$1,863
Average account balance$56,437
Benefits paid to participants$919,195
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.6M · 258 accts · $425K emplr
2023$12.3M · 249 accts · $374K emplr
2022$10.3M · 242 accts · $333K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,775
Total administrative$30,775
Employer contributions to the Museum of Flight Foundation plan · 2024
Employer contribution per active participant$1,863
Median for plans this size$2,416
2024$1,863 per active participant
2023$1,928 per active participant
2022$2,057 per active participant

Museum of Flight Foundation'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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$29,780

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$30,775 · 0.23%
2023$22,208 · 0.20%
2022$24,360 · 0.21%
Same employer
Similar plansArts, Entertainment & Recreation · Washington
Pro Sports Club WA$18.5M · 0.39%
Washington Athletic Club WA$16.4M · 0.36%
Seattle Aquarium Society WA$14.5M · 0.57%
Seattle Hockey Partners LLC WA$10.9M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910785826 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.