Plan Ledger DOL Form 5500 · updated monthly

Baker University403(b)

BAKER UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN · BALDWIN, KS · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Baker University reported $68,300 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $1,542 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 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 189th-largest of 828 plans among Kansas employers on file, and the 1,172nd of 3,091 in educational services. In 2024, employees put in $2.16 for every $1.00 the employer contributed; active participation has shrunk from 253 to 195 since 2022.

Plan summary
Net assets, end of year$34,854,391
Participants with balances298
Active participants195
Employer contributions$300,689
Employee contributions$649,690
Employer contribution per active participant$1,542
Average account balance$116,961
Benefits paid to participants$2,600,819
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.9M · 298 accts · $301K emplr
2023$32.7M · 290 accts · $290K emplr
2022$31.1M · 294 accts · $288K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,676
Investment management$35,624
Total administrative$68,300
Employer contributions to the Baker University plan · 2024
Employer contribution per active participant$1,542
Median for plans this size$2,416
2024$1,542 per active participant
2023$905 per active participant
2022$1,138 per active participant

Baker University's 2024 employer contribution ran below the $2,416 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
ONEAMERICA RETIREMENT SERVICE, LLC · Recordkeeping · Participant communication$31,562
MARINER WEALTH ADVISORS, LLC · Investment advisory (plan)$35,624
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect 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
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$68,300 · 0.20%
2023$62,228 · 0.19%
2022$71,103 · 0.21%
Same employer
Similar plansEducational Services · Kansas
Ottawa University KS$41.3M · 0.19%
Friends University KS$36.9M · 0.27%
Bethel College KS$28.6M · 0.14%
Southwestern College KS$27.7M · 0.12%
Heartspring, Inc. KS$26.7M · 0.11%
Newman University KS$25.5M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480543766 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.