Plan Ledger DOL Form 5500 · updated monthly

Seattle Pacific UniversityDC plan

SEATTLE PACIFIC UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Seattle Pacific University reported $154,289 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $5,745 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 rose from 0.04% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 163rd-largest of 1,714 plans among Washington employers on file, and the 483rd of 3,091 in educational services. active participation has grown from 396 to 446 since 2022.

Plan summary
Net assets, end of year$110,753,887
Participants with balances1,107
Active participants446
Employer contributions$2,562,148
Employee contributions—
Employer contribution per active participant$5,745
Average account balance$100,049
Benefits paid to participants$11,475,842
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$110.8M · 1,107 accts · $2.6M emplr
2023$107.1M · 1,134 accts · $2.8M emplr
2022$96.7M · 1,090 accts · $3.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$140,744
Audit (IQPA)$13,545
Total administrative$154,289
Employer contributions to the Seattle Pacific University plan · 2024
Employer contribution per active participant$5,745
Median for plans this size$3,635
2024$5,745 per active participant
2023$6,426 per active participant
2022$8,279 per active participant

Seattle Pacific University's 2024 employer contribution ran above the $3,635 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 · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$140,517
CHARLES SCHWAB & CO., INC. · Securities brokerage$649
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$154,289 · 0.14%
2023$12,104 · 0.01%
2022$40,459 · 0.04%
All plans at this employer2
SEATTLE PACIFIC UNIVERSITY EMPLOYEE SAVINGS PLAN - 403(B)403(b)
SEATTLE PACIFIC UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLANDefined-contribution plan
Same employer
Similar plansEducational Services · Washington
Seattle University WA$478.9M · 0.05%
University of Puget Sound WA$354.1M · 0.07%
Pacific Lutheran University WA$240.3M · 0.16%
Lakeside School WA$102.8M · 0.07%
Whitworth University WA$97.7M · 0.08%
The Bush School WA$49.7M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910565553 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.