Plan Ledger DOL Form 5500 · updated monthly

Seattle Art Museum403(b)

SEATTLE ART MUSEUM SAVINGS AND RETIREMENT PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Seattle Art Museum reported $2,405 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,623 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 0.02% to 0.01%. 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 the 700th-largest of 1,714 plans among Washington employers on file, and the 434th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $2.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,587,727
Participants with balances397
Active participants239
Employer contributions$387,793
Employee contributions$993,367
Employer contribution per active participant$1,623
Average account balance$49,339
Benefits paid to participants$987,788
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.6M · 397 accts · $388K emplr
2023$16.9M · 363 accts · $351K emplr
2022$14.3M · 335 accts · $286K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,405
Total administrative$2,405
Employer contributions to the Seattle Art Museum plan · 2024
Employer contribution per active participant$1,623
Median for plans this size$2,416
2024$1,623 per active participant
2023$996 per active participant
2022$1,121 per active participant

Seattle Art Museum'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
NORTHWEST PLAN SERVICES, INC · Recordkeeping$2,405

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

Recordkeeper by year2
2024NWPS
2023NWPS

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

Administrative cost history3
2024$2,405 · 0.01%
2023$2,430 · 0.02%
2022$3,311 · 0.02%
Same employer
Similar plansArts, Entertainment & Recreation · Washington
Rick Steves' Europe, Inc. WA$47.4M · 0.00%
Pacific Northwest Ballet WA$27.7M · 0.02%
Angel of the Winds Casino WA$21.3M · 0.37%
Nisqually Red Wind Casino WA$18.7M · 0.39%
Pro Sports Club WA$18.5M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910640788 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.