Plan Ledger DOL Form 5500 · updated monthly

American Council on Education403(b)

AMERICAN COUNCIL ON EDUCATION 403(B) RETIREMENT PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

American Council on Education reported $59,468 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $8,808 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 0.07% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 113th-largest of 618 plans among District of Columbia employers on file, and the 260th of 3,341 in other services. In 2024, the employer put in $1.21 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$77,197,125
Participants with balances569
Active participants164
Employer contributions$1,444,548
Employee contributions$1,190,656
Employer contribution per active participant$8,808
Average account balance$135,672
Benefits paid to participants$5,110,447
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$77.2M · 569 accts · $1.4M emplr
2023$71.8M · 575 accts · $979K emplr
2022$68.0M · 590 accts · $913K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,468
Total administrative$59,468
Employer contributions to the American Council on Education plan · 2024
Employer contribution per active participant$8,808
Median for plans this size$3,635
2024$8,808 per active participant
2023$6,080 per active participant
2022$6,007 per active participant

American Council on Education'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 · 20243
TIAA · Recordkeeping$25,985
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$18,083
MARCUM, LLP · Accounting / audit$15,700

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$59,468 · 0.08%
2023$37,259 · 0.05%
2022$51,961 · 0.07%
Same employer
Similar plansOther Services · District of Columbia
Edison Electric Institute DC$102.5M · 0.04%
Optical Society of America DC$67.4M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 530196573 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.