Plan Ledger DOL Form 5500 · updated monthly

Polaris Project403(b)

POLARIS PROJECT 403(B) PLAN · WASHINGTON, DC · plan year 2023

Reported admin expense ratio · 2023
0.74%

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

Polaris Project reported $25,578 in plan administrative expenses for 2023: 0.74% of average plan assets, above the peer median. Employer contributions averaged $1,643 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 has held roughly steady near 0.74%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in District of Columbia (541st of 618), and 8,582nd of 11,911 in health care & social assistance. In 2023, employees put in $2.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,957,005
Participants with balances115
Active participants122
Employer contributions$200,485
Employee contributions$408,314
Employer contribution per active participant$1,643
Average account balance$34,409
Benefits paid to participants$208,337
Plan auditUnmodified (clean) audit opinion
AuditorLANE & COMPANY, CPA
Plan history2
Yearassets · accounts · employer contribution
2023$4.0M · 115 accts · $200K emplr
2022$3.0M · 104 accts · $269K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$25,083
Investment management$495
Total administrative$25,578
Employer contributions to the Polaris Project plan · 2023
Employer contribution per active participant$1,643
Median for plans this size$1,308
2023$1,643 per active participant
2022$1,989 per active participant

Polaris Project's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$25,330
UBS FINANCIAL SERVICES INC.indirect comp

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

Administrative cost history2
2023$25,578 · 0.74%
2022$22,015 · 0.73%
Similar plansHealth Care & Social Assistance · District of Columbia
Rcm of Washington, Inc. DC$4.7M · 0.43%
La Clinica Del Pueblo DC$4.0M · 0.13%
Metro Homes, Inc. DC$3.5M · 0.40%
Pathways to Housing Dc DC$2.8M · 1.24%
Cinq Connect LLC DC$2.8M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030391561 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.