Plan Ledger DOL Form 5500 · updated monthly

Washington Education Association401(k)

WASHINGTON EDUCATION ASSOCIATION STAFF 401(K) PLAN · FEDERAL WAY, WA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Washington Education Association reported $7,056 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $13,808 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 0.00% to 0.01%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 221st-largest of 1,714 plans among Washington employers on file, and the 650th of 3,091 in educational services. In 2024, employees put in $1.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$80,559,174
Participants with balances245
Active participants196
Employer contributions$2,706,457
Employee contributions$2,940,661
Employer contribution per active participant$13,808
Average account balance$328,813
Benefits paid to participants$7,470,209
Plan auditUnmodified (clean) audit opinion
AuditorTREMPER & CO. LLP
Plan history3
Yearassets · accounts · employer contribution
2024$80.6M · 245 accts · $2.7M emplr
2023$71.7M · 243 accts · $2.6M emplr
2022$59.9M · 240 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,056
Total administrative$7,056
The Washington Education Association 401(k) match · 2024
Employer contribution per active participant$13,808
Median for plans this size$3,635
2024$13,808 per active participant
2023$13,270 per active participant
2022$12,583 per active participant

Washington Education Association's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$37,115

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

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Washington Education Association before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$7,056 · 0.01%
2023$2,280 · 0.00%
2022$2,860 · 0.00%
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%
The Bush School WA$49.7M · 0.15%
Bastyr University WA$45.5M · 0.11%
The Overlake School WA$45.0M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910460645 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.