Plan Ledger DOL Form 5500 · updated monthly

Seattle University403(b)

SEATTLE UNIVERSITY 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 University reported $234,743 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $5,511 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 3 years on file its reported administrative ratio has held roughly steady near 0.051%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other educational services employers. By assets it is the 60th-largest of 1,714 plans among Washington employers on file, and the 116th of 3,091 in educational services. In 2024, employees put in $1.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$478,889,116
Participants with balances3,667
Active participants2,024
Employer contributions$11,154,946
Employee contributions$11,697,668
Employer contribution per active participant$5,511
Average account balance$130,594
Benefits paid to participants$35,639,665
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$478.9M · 3,667 accts · $11.2M emplr
2023$434.1M · 3,397 accts · $10.4M emplr
2022$378.5M · 3,099 accts · $7.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$234,743
Total administrative$234,743
Employer contributions to the Seattle University plan · 2024
Employer contribution per active participant$5,511
Median for plans this size$4,294
2024$5,511 per active participant
2023$5,269 per active participant
2022$3,775 per active participant

Seattle University's 2024 employer contribution ran above the $4,294 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
MULTINOMAH GROUP INC · Consulting$9,960

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$234,743 · 0.05%
2023$223,041 · 0.05%
2022$223,814 · 0.05%
Same employer
Similar plansEducational Services · Washington
Gonzaga University WA$521.5M · 0.09%
Lafayette College PA$479.4M · 0.05%
Adelphi University NY$473.2M · 0.03%
University of San Francisco CA$468.2M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910565006 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.