Plan Ledger DOL Form 5500 · updated monthly

Longy School of Music of Bard College403(b)

BARD COLLEGE/SIMONS ROCK 403(B) PLAN · CAMBRIDGE, MA · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Longy School of Music of Bard College reported $528,419 in plan administrative expenses for 2024: 0.15% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,715 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 0.15%. 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 147th-largest of 2,726 plans among Massachusetts employers on file, and the 146th of 3,091 in educational services. In 2024, the employer put in $1.32 for every $1.00 employees contributed themselves; active participation has grown from 1,257 to 2,536 since 2022.

Plan summary
Net assets, end of year$379,407,885
Participants with balances2,523
Active participants2,536
Employer contributions$9,422,164
Employee contributions$7,119,348
Employer contribution per active participant$3,715
Average account balance$150,380
Benefits paid to participants$24,113,149
Plan auditDisclaimer of opinion
AuditorBST & CO. CPAS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$379.4M · 2,523 accts · $9.4M emplr
2023$343.1M · 2,416 accts · $8.5M emplr
2022$301.6M · 2,356 accts · $7.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$305,977
Investment management$102,307
Audit (IQPA)$42,754
Total administrative$528,419
Employer contributions to the Longy School of Music of Bard College plan · 2024
Employer contribution per active participant$3,715
Median for plans this size$4,294
2024$3,715 per active participant
2023$3,386 per active participant
2022$6,250 per active participant

Longy School of Music of Bard College's 2024 employer contribution ran below 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 · 20244
TIAA · Recordkeeping · Pension consulting$305,977
ONEDIGITAL INVESTMENT ADVISORS · Investment advisory (plan)$102,307
SCHULTE ROTH & ZABEL LLP · Legal$76,850
BST & CO. CPA'S LLP · Accounting / audit$42,754

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$528,419 · 0.15%
2023$398,960 · 0.12%
2022$468,451 · 0.14%
All plans at this employer2
BARD COLLEGE/SIMONS ROCK 403(B) PLAN403(b)
LONGY SCHOOL OF MUSIC DEFINED CONTRIBUTION RETIREMENT PLAN403(b)
Same employer
Similar plansEducational Services · Massachusetts
Babson College MA$525.6M · 0.03%
Bentley University MA$500.5M · 0.06%
Clark University MA$377.6M · 0.06%
Wgbh Educational Foundation MA$361.3M · 0.09%
Trustees of Phillips Academy MA$349.0M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141713034 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.