Plan Ledger DOL Form 5500 · updated monthly

Society of Photo Optical Instrumentation Engineers403(b)

SPIE RETIREMENT PLAN · BELLINGHAM, WA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Society of Photo Optical Instrumentation Engineers reported $5,927 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,756 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 0.00% to 0.01%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 268th-largest of 1,714 plans among Washington employers on file, and the 333rd of 3,341 in other services. In 2024, employees put in $1.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$63,951,250
Participants with balances336
Active participants175
Employer contributions$1,707,256
Employee contributions$1,801,571
Employer contribution per active participant$9,756
Average account balance$190,331
Benefits paid to participants$4,999,300
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$64.0M · 336 accts · $1.7M emplr
2023$58.3M · 334 accts · $1.7M emplr
2022$49.6M · 337 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,927
Total administrative$5,927
Employer contributions to the Society of Photo Optical Instrumentation Engineers plan · 2024
Employer contribution per active participant$9,756
Median for plans this size$3,635
2024$9,756 per active participant
2023$8,956 per active participant
2022$8,231 per active participant

Society of Photo Optical Instrumentation Engineers's 2024 employer contribution ran above the $3,635 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 · 20241
TIAA · Recordkeeping · Pension consulting$5,927

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

Recordkeeper by year2
2024TIAA
2023TIAA

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

Administrative cost history3
2024$5,927 · 0.01%
2023$1,578 · 0.00%
2022$1,353 · 0.00%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 952142678 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.