Plan Ledger DOL Form 5500 · updated monthly

Amherst College Trustees403(b)

AMHERST COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN · AMHERST, MA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Amherst College Trustees reported $293,137 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $6,023 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 0.04% to 0.05%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other educational services employers. By assets it is the 96th-largest of 2,726 plans among Massachusetts employers on file, and the 80th of 3,091 in educational services. In 2024, the employer put in $1.23 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$635,663,076
Participants with balances3,890
Active participants1,951
Employer contributions$11,751,484
Employee contributions$9,564,913
Employer contribution per active participant$6,023
Average account balance$163,410
Benefits paid to participants$30,619,600
Plan auditDisclaimer of opinion
AuditorMP P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$635.7M · 3,890 accts · $11.8M emplr
2023$578.9M · 3,639 accts · $10.8M emplr
2022$515.7M · 3,477 accts · $10.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$293,137
Total administrative$293,137
Employer contributions to the Amherst College Trustees plan · 2024
Employer contribution per active participant$6,023
Median for plans this size$4,294
2024$6,023 per active participant
2023$5,665 per active participant
2022$4,803 per active participant

Amherst College Trustees's 2024 employer contribution ran above the $4,294 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$273,720
GLOBAL RETIREMENT PARTNERS, LLC · Investment advisory (plan)$12,750
GLOBAL RETIREMENT PARTNERS, LLC · Investment advisory (plan)$10,000

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$293,137 · 0.05%
2023$294,061 · 0.05%
2022$210,943 · 0.04%
Same employer
Similar plansEducational Services · Massachusetts
Wellesley College MA$787.3M · 0.05%
Trustees of Boston College MA$765.2M · 0.01%
Williams College MA$701.3M · 0.04%
Smith College MA$628.7M · 0.03%
Suffolk University MA$531.2M · 0.07%
Babson College MA$525.6M · 0.03%
Bentley University MA$500.5M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042103542 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.