Plan Ledger DOL Form 5500 · updated monthly

The Ashley House403(b)

ASHLEY HOUSE 403(B) RETIREMENT PLAN · FEDERAL WAY, WA · plan year 2024

Reported admin expense ratio · 2024
1.02%

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

The Ashley House reported $27,640 in plan administrative expenses for 2024: 1.02% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,557 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 fell from 1.32% to 1.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Washington (1,479th of 1,714), and 9,049th of 11,911 in health care & social assistance. In 2024, employees put in $1.52 for every $1.00 the employer contributed; active participation has grown from 140 to 246 since 2022.

Plan summary
Net assets, end of year$3,289,436
Participants with balances365
Active participants246
Employer contributions$383,067
Employee contributions$582,097
Employer contribution per active participant$1,557
Average account balance$9,012
Benefits paid to participants$133,667
Plan auditUnmodified (clean) audit opinion
AuditorJOHNSON, STONE & PAGANO, PS
Plan history3
Yearassets · accounts · employer contribution
2024$3.3M · 365 accts · $383K emplr
2023$2.1M · 272 accts · $281K emplr
2022$1.3M · 213 accts · $198K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,640
Total administrative$27,640
Employer contributions to the The Ashley House plan · 2024
Employer contribution per active participant$1,557
Median for plans this size$1,313
2024$1,557 per active participant
2023$1,518 per active participant
2022$1,416 per active participant

The Ashley House's 2024 employer contribution ran above the $1,313 median for plans its size. 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
NEWPORT GROUP, INC. · Recordkeeping$27,640

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$27,640 · 1.02%
2023$20,975 · 1.23%
2022$15,917 · 1.32%
Similar plansHealth Care & Social Assistance · Washington
Life Works WA$2.8M · 0.12%
Homage Senior Services WA$2.8M · 0.35%
Geras, LLC WA$2.8M · 1.98%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943080307 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.