Plan Ledger DOL Form 5500 · updated monthly

Albright College403(b)

ALBRIGHT COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN · READING, PA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Albright College reported $36,491 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,296 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 0.05% to 0.03%. 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 420th-largest of 3,651 plans among Pennsylvania employers on file, and the 449th of 3,091 in educational services. In 2024, employees put in $2.16 for every $1.00 the employer contributed; active participation has shrunk from 337 to 267 since 2022.

Plan summary
Net assets, end of year$120,479,466
Participants with balances808
Active participants267
Employer contributions$612,914
Employee contributions$1,325,440
Employer contribution per active participant$2,296
Average account balance$149,108
Benefits paid to participants$9,668,869
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$120.5M · 808 accts · $613K emplr
2023$115.5M · 847 accts · $731K emplr
2022$104.0M · 834 accts · $778K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,176
Investment management$1,315
Total administrative$36,491
Employer contributions to the Albright College plan · 2024
Employer contribution per active participant$2,296
Median for plans this size$3,635
2024$2,296 per active participant
2023$2,207 per active participant
2022$2,309 per active participant

Albright College's 2024 employer contribution ran below 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
FIDUCIENT ADVISORS, LLC · Investment management$33,816

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$36,491 · 0.03%
2023$74,471 · 0.07%
2022$58,502 · 0.05%
Same employer
Similar plansEducational Services · Pennsylvania
Juniata College PA$138.0M · 0.09%
Lebanon Valley College PA$136.0M · 0.05%
Saint Francis University PA$127.9M · 0.42%
McKissock LLC PA$120.3M · 0.11%
Point Park University PA$115.5M · 0.06%
Germantown Academy PA$101.9M · 0.06%
The Haverford School PA$101.5M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231352615 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.