Plan Ledger DOL Form 5500 · updated monthly

Allegheny College403(b)

ALLEGHENY COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN · MEADVILLE, PA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Allegheny College reported $114,559 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $2,381 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 0.08%. 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 351st-largest of 3,651 plans among Pennsylvania employers on file, and the 358th of 3,091 in educational services. In 2024, employees put in $1.66 for every $1.00 the employer contributed; active participation has grown from 361 to 456 since 2022.

Plan summary
Net assets, end of year$151,631,038
Participants with balances935
Active participants456
Employer contributions$1,085,524
Employee contributions$1,805,277
Employer contribution per active participant$2,381
Average account balance$162,172
Benefits paid to participants$11,198,917
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$151.6M · 935 accts · $1.1M emplr
2023$144.3M · 914 accts · $1.1M emplr
2022$137.1M · 930 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,203
Investment management$36,250
Audit (IQPA)$29,007
Total administrative$114,559
Employer contributions to the Allegheny College plan · 2024
Employer contribution per active participant$2,381
Median for plans this size$3,635
2024$2,381 per active participant
2023$3,348 per active participant
2022$3,285 per active participant

Allegheny 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 · 20243
TIAA · Recordkeeping · Pension consulting$49,203
CORNERSTONE ADVISORS ASSET MGMT · Investment advisory (plan) · Investment management$36,250
SCHNEIDER DOWNS & CO., INC · Accounting / audit$29,007

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

Recordkeeper by year2
2024TIAA
2023TIAA

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

Administrative cost history3
2024$114,559 · 0.08%
2023$48,662 · 0.03%
2022$91,193 · 0.06%
Same employer
Similar plansEducational Services · Pennsylvania
Law School Admission Council PA$171.6M · 0.04%
Arcadia University PA$170.9M · 0.00%
Elizabethtown College PA$154.0M · 0.09%
University of Scranton PA$153.8M · 0.09%
Ursinus College PA$147.8M · 0.06%
Moravian University PA$147.6M · 0.10%
Kings College PA$144.2M · 0.05%
Dickinson College PA$142.6M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 250965212 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.