Plan Ledger DOL Form 5500 · updated monthly

Seattle Academy of Arts and Sciences403(b)

SEATTLE ACADEMY OF ARTS AND SCIENCES 403(B) RETIREMENT PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Seattle Academy of Arts and Sciences reported $3,212 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,786 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 0.008% to 0.007%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 361st-largest of 1,714 plans among Washington employers on file, and the 941st of 3,091 in educational services. In 2024, the employer put in $1.19 for every $1.00 employees contributed themselves; active participation has shrunk from 305 to 265 since 2022.

Plan summary
Net assets, end of year$47,998,429
Participants with balances446
Active participants265
Employer contributions$2,063,414
Employee contributions$1,737,096
Employer contribution per active participant$7,786
Average account balance$107,620
Benefits paid to participants$1,072,910
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$48.0M · 446 accts · $2.1M emplr
2023$39.7M · 421 accts · $1.7M emplr
2022$31.5M · 405 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,855
Trustee / custodial$357
Total administrative$3,212
Employer contributions to the Seattle Academy of Arts and Sciences plan · 2024
Employer contribution per active participant$7,786
Median for plans this size$2,416
2024$7,786 per active participant
2023$5,156 per active participant
2022$5,699 per active participant

Seattle Academy of Arts and Sciences's 2024 employer contribution ran above the $2,416 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.

Administrative cost history3
2024$3,212 · 0.01%
2023$2,521 · 0.01%
2022$2,440 · 0.01%
Same employer
Similar plansEducational Services · Washington
Lakeside School WA$102.8M · 0.07%
Whitworth University WA$97.7M · 0.08%
The Bush School WA$49.7M · 0.15%
Bastyr University WA$45.5M · 0.11%
The Overlake School WA$45.0M · 0.08%
Charles Wright Academy WA$42.3M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911223580 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.