Plan Ledger DOL Form 5500 · updated monthly

Virginia Mason Medical CenterMoney purchase plan

VIRGINIA MASON MEDICAL CENTER RETIREMENT PLAN · SEATTLE, WA · plan year 2022

Reported admin expense ratio · 2022
0.08%

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

Virginia Mason Medical Center reported $443,567 in plan administrative expenses for 2022: 0.08% of average plan assets, above the peer median. Employer contributions averaged $3,611 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.

The plan sits in the $250M–$1B size bracket, benchmarked here against 2,568 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 59th-largest of 1,714 plans among Washington employers on file, and the 338th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$481,151,352
Participants with balances6,374
Active participants5,542
Employer contributions$20,012,898
Employee contributions—
Employer contribution per active participant$3,611
Average account balance$75,487
Benefits paid to participants$57,317,728
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $20.1M emplr
2022$481.2M · 6,374 accts · $20.0M emplr
Administrative expenses, itemized · 2022
Investment management$28,864
Total administrative$443,567
Employer contributions to the Virginia Mason Medical Center plan · 2022
Employer contribution per active participant$3,611
Median for plans this size$4,065

Virginia Mason Medical Center's 2022 employer contribution ran below the $4,065 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$443,567 · 0.08%
All plans at this employer2
VIRGINIA MASON MEDICAL CENTER RETIREMENT PLANMoney purchase plan
VIRGINIA MASON MEDICAL CENTER 403(B) PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · Washington
Peacehealth WA$343.5M · 0.03%
Radia, Inc., P.S. WA$310.9M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910565539 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.