Plan Ledger DOL Form 5500 · updated monthly

Whitworth University403(b)

WHITWORTH UNIVERSITY RETIREMENT PLAN · SPOKANE, WA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Whitworth University reported $74,088 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $4,707 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 fell from 0.10% to 0.08%. 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 183rd-largest of 1,714 plans among Washington employers on file, and the 542nd of 3,091 in educational services. In 2024, employees put in $1.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$97,678,702
Participants with balances701
Active participants488
Employer contributions$2,297,193
Employee contributions$3,475,855
Employer contribution per active participant$4,707
Average account balance$139,342
Benefits paid to participants$6,389,824
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$97.7M · 701 accts · $2.3M emplr
2023$86.7M · 728 accts · $2.4M emplr
2022$77.1M · 743 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$74,088
Total administrative$74,088
Employer contributions to the Whitworth University plan · 2024
Employer contribution per active participant$4,707
Median for plans this size$3,635
2024$4,707 per active participant
2023$4,704 per active participant
2022$5,032 per active participant

Whitworth University's 2024 employer contribution ran above the $3,635 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$74,088

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$74,088 · 0.08%
2023$75,698 · 0.09%
2022$84,328 · 0.10%
Same employer
Similar plansEducational Services · Washington
Pacific Lutheran University WA$240.3M · 0.16%
Seattle Pacific University WA$110.8M · 0.14%
Lakeside School WA$102.8M · 0.07%
The Bush School WA$49.7M · 0.15%
Bastyr University WA$45.5M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910473310 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.