Plan Ledger DOL Form 5500 · updated monthly

Babson College403(b)

BABSON COLLEGE RETIREMENT PLAN · BABSON PARK, MA · plan year 2025

Reported admin expense ratio · 2025
0.03%

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

Babson College reported $168,995 in plan administrative expenses for 2025: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,876 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 fell from 0.04% to 0.03%. The plan sits in the $250M–$1B size bracket, benchmarked here against 230 comparable plans and shown alongside other educational services employers. By assets it is the 110th-largest of 2,726 plans among Massachusetts employers on file, and the 104th of 3,091 in educational services. In 2025, the employer put in $1.07 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$525,600,816
Participants with balances2,358
Active participants1,240
Employer contributions$9,766,665
Employee contributions$9,145,218
Employer contribution per active participant$7,876
Average account balance$222,901
Benefits paid to participants$43,230,413
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$525.6M · 2,358 accts · $9.8M emplr
2024$477.5M · 2,408 accts · $9.6M emplr
2023$446.1M · 2,490 accts · $10.4M emplr
2022$384.1M · 2,394 accts · $7.7M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$70,855
Investment management$49,267
Total administrative$168,995
Employer contributions to the Babson College plan · 2025
Employer contribution per active participant$7,876
Median for plans this size$4,295
2025$7,876 per active participant
2024$7,590 per active participant
2023$8,362 per active participant
2022$6,622 per active participant

Babson College's 2025 employer contribution ran above the $4,295 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
FIDELITY INVEST INSTITUTIONAL OPPS · Loan processing$81,613
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$39,368

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

Administrative cost history4
2025$168,995 · 0.03%
2024$193,852 · 0.04%
2023$124,309 · 0.03%
2022$148,118 · 0.04%
Same employer
Similar plansEducational Services · Massachusetts
Amherst College Trustees MA$635.7M · 0.05%
Smith College MA$628.7M · 0.03%
Suffolk University MA$531.2M · 0.07%
Bentley University MA$500.5M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042103544 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.