Plan Ledger DOL Form 5500 · updated monthly

Peninsula Behavioral Health403(b)

THE 403(B) RETIREMENT PLAN FOR EMPLOYEES OF PENINSULA BEHAVIORAL HEALTH · PORT ANGELES, WA · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Peninsula Behavioral Health reported $22,493 in plan administrative expenses for 2024: 0.30% of average plan assets, below the peer median. Employer contributions averaged $3,360 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 0.71% to 0.30%. 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 (1,166th of 1,714), and 6,369th of 11,911 in health care & social assistance. In 2024, the employer put in $1.07 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$8,187,550
Participants with balances177
Active participants137
Employer contributions$460,260
Employee contributions$431,018
Employer contribution per active participant$3,360
Average account balance$46,257
Benefits paid to participants$599,005
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.2M · 177 accts · $460K emplr
2023$6.7M · 193 accts · $428K emplr
2022$5.0M · 169 accts · $386K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,493
Total administrative$22,493
Employer contributions to the Peninsula Behavioral Health plan · 2024
Employer contribution per active participant$3,360
Median for plans this size$1,313
2024$3,360 per active participant
2023$3,269 per active participant
2022$2,994 per active participant

Peninsula Behavioral Health's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20243
THE VANGUARD GROUP · Contract administrator · Recordkeeping$18,753
MORGAN STANLEY · Investment advisory (participants) · Investment advisory (plan)$7,755
EVERGREEN RETIREMENT PLAN CONSULTIN$5,550

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$22,493 · 0.30%
2023$27,698 · 0.48%
2022$38,041 · 0.71%
Same employer
Similar plansHealth Care & Social Assistance · Washington
Sound Generations WA$9.0M · 0.35%
Atlas Dental Group LLC WA$8.5M · 0.42%
Ro Health, Inc. WA$7.5M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910869129 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.