Plan Ledger DOL Form 5500 · updated monthly

Art Center College of Design403(b)

ART CENTER COLLEGE OF DESIGN SAVINGS PLAN · PASADENA, CA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Art Center College of Design reported $98,590 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $2,872 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 3 years on file its reported administrative ratio has held roughly steady near 0.096%. 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 961st-largest of 9,483 plans among California employers on file, and the 502nd of 3,091 in educational services. In 2024, the employer put in $1.10 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$105,284,775
Participants with balances719
Active participants1,450
Employer contributions$4,164,076
Employee contributions$3,776,100
Employer contribution per active participant$2,872
Average account balance$146,432
Benefits paid to participants$12,891,830
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$105.3M · 719 accts · $4.2M emplr
2023$100.2M · 702 accts · $4.3M emplr
2022$85.8M · 672 accts · $4.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$79,938
Trustee / custodial$18,652
Total administrative$98,590
Employer contributions to the Art Center College of Design plan · 2024
Employer contribution per active participant$2,872
Median for plans this size$3,635
2024$2,872 per active participant
2023$2,809 per active participant
2022$2,683 per active participant

Art Center College of Design'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
MILLIMAN, INC. · Recordkeeping · Consulting$79,938
CHARLES SCHWAB TRUST BANK · Custodial · Custodial (securities)$18,652
CHARLES SCHWAB & CO., INC. · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024Milliman
2023Milliman

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

Administrative cost history3
2024$98,590 · 0.10%
2023$93,493 · 0.10%
2022$88,099 · 0.10%
Same employer
Similar plansEducational Services · California
Mills College CA$118.8M · 0.11%
Menlo School CA$111.2M · 0.24%
Southwestern Law School CA$106.0M · 0.10%
Samuel Merritt University CA$101.2M · 0.00%
Polytechnic School CA$99.9M · 0.08%
Brentwood School CA$99.8M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951921340 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.