Plan Ledger DOL Form 5500 · updated monthly

St. Thomas School403(b)

ST. THOMAS SCHOOL DC RETIREMENT PLAN · MEDINA, WA · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

St. Thomas School reported $74,966 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $7,474 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 0.39% to 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 696th-largest of 1,714 plans among Washington employers on file, and 1,608th of 3,091 in educational services. In 2024, the employer put in $1.29 for every $1.00 employees contributed themselves; active participation has grown from 83 to 103 since 2022.

Plan summary
Net assets, end of year$19,668,597
Participants with balances188
Active participants103
Employer contributions$769,771
Employee contributions$597,826
Employer contribution per active participant$7,474
Average account balance$104,620
Benefits paid to participants$1,111,331
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.7M · 188 accts · $770K emplr
2023$17.3M · 182 accts · $703K emplr
2022$14.7M · 179 accts · $624K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,323
Investment management$15,000
Audit (IQPA)$18,643
Total administrative$74,966
Employer contributions to the St. Thomas School plan · 2024
Employer contribution per active participant$7,474
Median for plans this size$2,416
2024$7,474 per active participant
2023$7,730 per active participant
2022$7,516 per active participant

St. Thomas School'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
TIAA · Recordkeeping$41,323
AAFCPAS · Accounting / audit$18,643
PINNACLE PENSION CONSULTANTS · Investment advisory (participants) · Investment advisory (plan)$15,000

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$74,966 · 0.41%
2023$73,904 · 0.46%
2022$54,654 · 0.39%
Similar plansEducational Services · Washington
Dreambox Learning, Inc. WA$24.0M · 0.40%
Digipen USA LLC WA$22.8M · 0.23%
College Success Foundation WA$16.0M · 0.32%
Epiphany School WA$15.9M · 0.07%
The Open Window School WA$15.3M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910840110 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.