Plan Ledger DOL Form 5500 · updated monthly

Snohomish County Public Defender Association403(b)

SNOHOMISH COUNTY PUBLIC DEFENDER ASSOCIATION 403(B) PLAN · EVERETT, WA · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Snohomish County Public Defender Association reported $68,351 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $9,369 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 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 593rd-largest of 1,714 plans among Washington employers on file, and the 4,714th of 11,654 in professional & technical services. In 2024, the employer put in $1.29 for every $1.00 employees contributed themselves; active participation has grown from 141 to 162 since 2022.

Plan summary
Net assets, end of year$25,293,781
Participants with balances208
Active participants162
Employer contributions$1,517,793
Employee contributions$1,172,750
Employer contribution per active participant$9,369
Average account balance$121,605
Benefits paid to participants$2,945,084
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.3M · 208 accts · $1.5M emplr
2023$22.6M · 191 accts · $1.3M emplr
2022$17.4M · 178 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,351
Total administrative$68,351
Employer contributions to the Snohomish County Public Defender Association plan · 2024
Employer contribution per active participant$9,369
Median for plans this size$2,416
2024$9,369 per active participant
2023$8,706 per active participant
2022$10,150 per active participant

Snohomish County Public Defender Association'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.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$68,350
PRINCIPAL SECURITIES INC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$68,351 · 0.29%
2023$59,574 · 0.30%
2022$50,558 · 0.28%
Similar plansProfessional & Technical Services · Washington
Amperity, Inc. WA$26.4M · 0.08%
Rec Room Inc. WA$25.4M · 0.10%
Bridge Partners, LLC WA$25.3M · 0.12%
Affirma, LLC WA$25.3M · 0.02%
Sage Bionetworks WA$25.1M · 0.02%
Spur Reply, LLC WA$24.1M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910906333 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.