Plan Ledger DOL Form 5500 · updated monthly

Urban League of Metropolitan Seattle403(b)

URBAN LEAGUE OF METROPOLITAN SEATTLE 403(B) RETIREMENT PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Urban League of Metropolitan Seattle reported $4,263 in plan administrative expenses for 2024: 0.35% of average plan assets, below the peer median. Employer contributions averaged $1,069 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 1 year on file its reported administrative ratio fell from 0.75% to 0.35%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Washington (1,615th of 1,714), and 2,999th of 3,341 in other services. In 2024, the employer put in $1.22 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$1,347,417
Participants with balances219
Active participants135
Employer contributions$144,306
Employee contributions$118,162
Employer contribution per active participant$1,069
Average account balance$6,153
Benefits paid to participants$97,424
Plan auditUnmodified (clean) audit opinion
AuditorGREENWOOD OHLUND, CPA
Plan history2
Yearassets · accounts · employer contribution
2024$1.3M · 219 accts · $144K emplr
2023$1.1M · 134 accts · $129K emplr
Employer contributions to the Urban League of Metropolitan Seattle plan · 2024
Employer contribution per active participant$1,069
Median for plans this size$1,313
2024$1,069 per active participant
2023$1,145 per active participant

Urban League of Metropolitan Seattle's 2024 employer contribution ran below 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 · 20245
NATIONWIDE · Investment management$6,984
NATIONWIDE · Investment management$394
NATIONWIDE RETIREMENT PLANS · Investment management$201
MORGAN STANLEY SMITH BARNEY LLC · Investment managementindirect comp
MORGAN STANLEY SMITH BARNEY LL · Investment managementindirect comp

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

Administrative cost history2
2024$4,263 · 0.35%
2023$6,902 · 0.75%
Same employer
Similar plansOther Services · Washington
Olympic Moving & Storage WA$2.0M · 0.54%
Fedelta Home Care LLC WA$1.4M · 2.07%
Elysian One, Inc. WA$476K · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910575954 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.