Plan Ledger DOL Form 5500 · updated monthly

Westside School403(b)

WESTSIDE SCHOOL 403(B) DC PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Westside School reported $1,297 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,980 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 rose from 0.00% to 0.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Washington (1,372nd of 1,714), and 2,554th of 3,091 in educational services. In 2024, the employer put in $1.04 for every $1.00 employees contributed themselves; active participation has grown from 69 to 90 since 2022.

Plan summary
Net assets, end of year$4,631,437
Participants with balances149
Active participants90
Employer contributions$268,180
Employee contributions$257,106
Employer contribution per active participant$2,980
Average account balance$31,083
Benefits paid to participants$828,033
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.6M · 149 accts · $268K emplr
2023$4.3M · 143 accts · $216K emplr
2022$3.3M · 133 accts · $182K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,297
Total administrative$1,297
Employer contributions to the Westside School plan · 2024
Employer contribution per active participant$2,980
Median for plans this size$1,313
2024$2,980 per active participant
2023$2,634 per active participant
2022$2,642 per active participant

Westside School's 2024 employer contribution ran above the $1,313 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
TIAA$269

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

Administrative cost history3
2024$1,297 · 0.03%
2023$150 · 0.00%
2022Not separately reported
Similar plansEducational Services · Washington
Hamlin Robinson School WA$6.5M · 0.02%
Lynden Christian School WA$5.5M · 0.58%
Oic of Washington WA$3.8M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911151493 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.