Plan Ledger DOL Form 5500 · updated monthly

Spokane United Methodist Homes, Inc401(k)

SPOKANE METHODIST HOMES, INC. EMPLOYEE RETIREMENT SAVINGS PLAN · SPOKANE, WA · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Spokane United Methodist Homes, Inc reported $54,979 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $791 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 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 844th-largest of 1,714 plans among Washington employers on file, and the 4,470th of 11,911 in health care & social assistance. In 2024, employees put in $3.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,113,146
Participants with balances699
Active participants472
Employer contributions$373,521
Employee contributions$1,304,915
Employer contribution per active participant$791
Average account balance$21,621
Benefits paid to participants$793,046
Plan auditUnmodified (clean) audit opinion
AuditorANSTASI, MOORE & MARTIN, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$15.1M · 699 accts · $374K emplr
2023$12.9M · 690 accts · $344K emplr
2022$11.1M · 664 accts · $275K emplr
Administrative expenses, itemized · 2024
Investment management$54,979
Total administrative$54,979
The Spokane United Methodist Homes, Inc 401(k) match · 2024
Employer contribution per active participant$791
Median for plans this size$2,416
2024$791 per active participant
2023$716 per active participant
2022$634 per active participant

Spokane United Methodist Homes, Inc's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 202412
T. ROWE PRICE RPS, INC. · Recordkeeping · Trustee$133,272
AMERICAN FUNDS · Investment managementindirect comp
MET WEST FUNDS · Investment managementindirect comp
LEGG MASON · Investment managementindirect comp
VICTORY FUNDS · Investment managementindirect comp
VANGUARD GROUP · Investment managementindirect comp
LORD ABBETT · Investment managementindirect comp
COHEN & STEERS · Investment managementindirect comp
FIDELITY · Investment managementindirect comp
BLACKROCK FUNDS · Investment managementindirect comp
JP MORGAN FUNDS · Investment managementindirect comp
ALLSPRING GLOBAL INVESTMENT · Investment managementindirect 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
2024T. Rowe Price
2023T. Rowe Price

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Administrative cost history3
2024$54,979 · 0.39%
2023$49,048 · 0.41%
2022$44,003 · 0.40%
Same employer
Similar plansHealth Care & Social Assistance · Washington
United Way of King County WA$16.4M · 0.18%
Cowlitz Indian Tribe WA$15.9M · 0.69%
Tri-Cities Community Health WA$14.8M · 0.50%
Body Contour Centers, LLC WA$14.3M · 1.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910715658 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.