Plan Ledger DOL Form 5500 · updated monthly

Swedish Health Services403(b)

SWEDISH HEALTH SERVICES 403(B) RETIREMENT PLAN · RENTON, WA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Swedish Health Services reported $108,698 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 0.038%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 76th-largest of 1,714 plans among Washington employers on file, and the 501st of 11,911 in health care & social assistance. active participation has shrunk from 1,068 to 891 since 2022.

Plan summary
Net assets, end of year$292,658,149
Participants with balances2,147
Active participants891
Employer contributions$0
Employee contributions$0
Employer contribution per active participant$0
Average account balance$136,310
Benefits paid to participants$35,576,037
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$292.7M · 2,147 accts
2023$278.0M · 921 accts
2022$256.3M · 2,384 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$97,749
Investment management$10,949
Total administrative$108,698
Employer contributions to the Swedish Health Services plan · 2024
Employer contribution per active participant$0
Median for plans this size$4,294

Swedish Health Services's 2024 employer contribution ran below the $4,294 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 · 20245
PLAN MEMBER SERVICES$67,319
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$10,949
FIDELITY · Loan processing$10,233
MILLIMAN · Consulting$7,219
SEVEN SIMPLE MACHINE · Consulting$6,730

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$108,698 · 0.04%
2023$140,483 · 0.05%
2022$112,997 · 0.04%
Same employer
Similar plansHealth Care & Social Assistance · Washington
Peacehealth WA$343.5M · 0.03%
Radia, Inc., P.S. WA$310.9M · 0.07%
Integra Imaging, P.S. WA$303.4M · 0.10%
Tra-Minw, P.S. WA$171.8M · 0.10%
The Doctors Clinic, a P.C. WA$130.6M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910433740 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.