Plan Ledger DOL Form 5500 · updated monthly

Opportunity Council403(b)

OPPORTUNITY COUNCIL 403(B) PLAN · BELLINGHAM, WA · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Opportunity Council reported $61,800 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $2,082 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 fell from 0.37% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 677th-largest of 1,714 plans among Washington employers on file, and the 5,453rd of 11,654 in professional & technical services. In 2024, employees put in $2.19 for every $1.00 the employer contributed; active participation has grown from 380 to 430 since 2022.

Plan summary
Net assets, end of year$20,589,234
Participants with balances627
Active participants430
Employer contributions$895,191
Employee contributions$1,957,031
Employer contribution per active participant$2,082
Average account balance$32,838
Benefits paid to participants$1,633,669
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.6M · 627 accts · $895K emplr
2023$17.2M · 562 accts · $770K emplr
2022$13.4M · 541 accts · $711K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,800
Total administrative$61,800
Employer contributions to the Opportunity Council plan · 2024
Employer contribution per active participant$2,082
Median for plans this size$2,416
2024$2,082 per active participant
2023$1,920 per active participant
2022$1,871 per active participant

Opportunity Council'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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$61,727

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$61,800 · 0.33%
2023$58,115 · 0.38%
2022$50,714 · 0.37%
Same employer
Similar plansProfessional & Technical Services · Washington
Casne Engineering, Inc. WA$21.1M · 0.49%
Seeq Corporation WA$20.9M · 0.07%
Logic 20/20 Inc WA$20.7M · 0.45%
Wongdoody, Inc. WA$20.5M · 0.21%
Appen Butler Hill, Inc. WA$20.2M · 0.37%
Mackay & Sposito, Inc. WA$20.1M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910787820 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.