Plan Ledger DOL Form 5500 · updated monthly

The Lighthouse for the Blind, Inc.403(b)

THE LIGHTHOUSE FOR THE BLIND, INC. TAX-DEFERRED ANNUITY PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

The Lighthouse for the Blind, Inc. reported $86,187 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $3,245 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 0.23% to 0.21%. 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 404th-largest of 1,714 plans among Washington employers on file, and the 2,119th of 11,911 in health care & social assistance. In 2024, employees put in $1.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$42,742,976
Participants with balances605
Active participants430
Employer contributions$1,395,312
Employee contributions$2,092,359
Employer contribution per active participant$3,245
Average account balance$70,650
Benefits paid to participants$4,271,473
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$42.7M · 605 accts · $1.4M emplr
2023$38.7M · 605 accts · $1.3M emplr
2022$32.9M · 608 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,556
Investment management$30,631
Total administrative$86,187
Employer contributions to the The Lighthouse for the Blind, Inc. plan · 2024
Employer contribution per active participant$3,245
Median for plans this size$2,416
2024$3,245 per active participant
2023$2,882 per active participant
2022$2,637 per active participant

The Lighthouse for the Blind, Inc.'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
FIDELITY INV. INSTIT. OPER. CO.,INC · Recordkeeping$55,556
USI ADVISORS · Consulting · Investment advisory (plan)$25,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,402
VANGUARD · 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
2024Fidelity
2023Fidelity

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

Administrative cost history3
2024$86,187 · 0.21%
2023$81,626 · 0.23%
2022$80,831 · 0.23%
Same employer
Similar plansHealth Care & Social Assistance · Washington
Spokane Eye Clinic Ps WA$46.1M · 0.31%
Kline Galland Center WA$45.7M · 0.00%
Leisure Care, LLC WA$45.1M · 0.71%
Peacehealth WA$42.9M · 0.06%
Sound WA$41.5M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910295070 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.