Plan Ledger DOL Form 5500 · updated monthly

Washington State Employees Credit Union401(k)

WASHINGTON STATE EMPLOYEES CREDIT UNION 401(K) PLAN AND TRUST · OLYMPIA, WA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Washington State Employees Credit Union reported $141,706 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $6,991 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 0.06% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 132nd-largest of 1,714 plans among Washington employers on file, and the 758th of 4,798 in finance & insurance. In 2024, employees put in $1.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$143,716,184
Participants with balances1,180
Active participants829
Employer contributions$5,795,728
Employee contributions$5,910,899
Employer contribution per active participant$6,991
Average account balance$121,793
Benefits paid to participants$8,425,050
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$143.7M · 1,180 accts · $5.8M emplr
2023$123.5M · 1,170 accts · $5.0M emplr
2022$100.2M · 1,081 accts · $4.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$87,247
Investment management$54,392
Trustee / custodial$67
Total administrative$141,706
The Washington State Employees Credit Union 401(k) match · 2024
Employer contribution per active participant$6,991
Median for plans this size$3,635
2024$6,991 per active participant
2023$6,061 per active participant
2022$5,960 per active participant

Washington State Employees Credit Union'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 · 20242
NORTHWEST PLAN SERVICES · Recordkeeping$87,247
PACIFIC PORTFOLIO CONSULTING · Pension consulting$54,392

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

Recordkeeper by year2
2024NWPS
2023NWPS

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

Administrative cost history3
2024$141,706 · 0.11%
2023$146,368 · 0.13%
2022$69,063 · 0.06%
Same employer
Similar plansFinance & Insurance · Washington
Washington Federal Bank WA$225.2M · 0.18%
Washington Trust Bank WA$208.8M · 0.01%
Homestreet, Inc. WA$178.8M · 0.11%
Delta Dental of Washington WA$100.2M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910683062 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.