Plan Ledger DOL Form 5500 · updated monthly

The Bush School403(b)

THE BUSH SCHOOL 403(B) RETIREMENT PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

The Bush School reported $72,343 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $3,041 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 0.13% to 0.15%. 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 347th-largest of 1,714 plans among Washington employers on file, and the 915th of 3,091 in educational services. In 2024, employees put in $1.45 for every $1.00 the employer contributed; active participation has grown from 218 to 297 since 2022.

Plan summary
Net assets, end of year$49,676,959
Participants with balances414
Active participants297
Employer contributions$903,136
Employee contributions$1,310,596
Employer contribution per active participant$3,041
Average account balance$119,993
Benefits paid to participants$3,927,414
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$49.7M · 414 accts · $903K emplr
2023$45.8M · 422 accts · $858K emplr
2022$45.3M · 390 accts · $788K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,477
Investment management$61,232
Trustee / custodial$4,634
Total administrative$72,343
Employer contributions to the The Bush School plan · 2024
Employer contribution per active participant$3,041
Median for plans this size$2,416
2024$3,041 per active participant
2023$3,315 per active participant
2022$3,614 per active participant

The Bush School's 2024 employer contribution ran above the $2,416 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 · 20244
USI CONSULTING GROUP · Recordkeeping · Loan processing$2,735
USI ADVISORS · Investment advisory (participants) · Investment advisory (plan)$61,232
CHARLES SCHWAB TRUST BANK · Custodial · Custodial (securities)$4,634
CHARLES SCHWAB & CO., INC. · Custodial · Custodial (securities)indirect 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
2024USI Consulting
2023USI Consulting

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

Administrative cost history3
2024$72,343 · 0.15%
2023$68,726 · 0.15%
2022$57,655 · 0.13%
Same employer
Similar plansEducational Services · Washington
Seattle Pacific University WA$110.8M · 0.14%
Lakeside School WA$102.8M · 0.07%
Whitworth University WA$97.7M · 0.08%
Bastyr University WA$45.5M · 0.11%
The Overlake School WA$45.0M · 0.08%
Charles Wright Academy WA$42.3M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910161095 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.