Plan Ledger DOL Form 5500 · updated monthly

Seattle Childrens Healthcare System401(k)

SEATTLE CHILDREN'S HEALTHCARE SYSTEM EMPLOYEES RETIREMENT PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Seattle Childrens Healthcare System reported $710,166 in plan administrative expenses for 2024: 0.05% of average plan assets, above the peer median. Employer contributions averaged $5,861 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 0.07% to 0.05%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 21st-largest of 1,714 plans among Washington employers on file, and the 122nd of 11,911 in health care & social assistance. In 2024, employees put in $1.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,455,423,061
Participants with balances15,689
Active participants10,359
Employer contributions$60,715,786
Employee contributions$77,141,779
Employer contribution per active participant$5,861
Average account balance$92,767
Benefits paid to participants$82,438,606
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.5B · 15,689 accts · $60.7M emplr
2023$1.2B · 15,005 accts · $56.4M emplr
2022$966.6M · 14,084 accts · $43.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$524,912
Investment management$185,254
Total administrative$710,166
The Seattle Childrens Healthcare System 401(k) match · 2024
Employer contribution per active participant$5,861
Median for plans this size$5,259
2024$5,861 per active participant
2023$5,614 per active participant
2022$4,616 per active participant

Seattle Childrens Healthcare System's 2024 employer contribution ran above the $5,259 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$521,612
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$185,254

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

Administrative cost history3
2024$710,166 · 0.05%
2023$731,532 · 0.07%
2022$761,312 · 0.07%
All plans at this employer2
SEATTLE CHILDREN'S HEALTHCARE SYSTEM EMPLOYEES RETIREMENT PLAN401(k)
SEATTLE CHILDREN'S 403(B) PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · Washington
St.Joseph Health System WA$4.5B · 0.06%
Multicare Health System WA$1.2B · 0.15%
Confluence Health WA$697.1M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911250116 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.