Plan Ledger DOL Form 5500 · updated monthly

Baylor College of Medicine403(b)

BAYLOR COLLEGE OF MEDICINE SECTION 403B · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.06%

Baylor College of Medicine reported $1,149,388 in plan administrative expenses for 2024: 0.06% of average plan assets, above the peer median. 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 fell from 0.060% to 0.056%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other educational services employers. By assets it is the 62nd-largest of 5,688 plans among Texas employers on file, and the 28th of 3,091 in educational services.

Plan summary
Net assets, end of year$2,177,950,858
Participants with balances19,531
Active participants13,672
Employer contributions—
Employee contributions$122,002,528
Employer contribution per active participant—
Average account balance$111,513
Benefits paid to participants$168,725,703
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.2B · 19,531 accts
2023$1.9B · 18,373 accts
2022$1.6B · 17,509 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$906,476
Investment management$55,124
Audit (IQPA)$16,500
Total administrative$1,149,388
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 · 20246
FID INV INST OPS CO · Loan processing$831,518
THE AYCO CO. · Consulting$155,535
TIAA$74,958
AON HEWITT · Consulting$55,124
DOEREN MAYHEW ASSURANCE · Accounting / audit$16,500
NORTON ROSE FULBRIGHT LLP$15,753

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$1,149,388 · 0.06%
2023$1,002,159 · 0.06%
2022$1,068,186 · 0.06%
All plans at this employer2
BAYLOR COLLEGE OF MEDICINE SECTION 403B403(b)
BAYLOR COLLEGE OF MEDICINE RETIREMENT PLANProfit-sharing plan
Same employer
Similar plansEducational Services · Texas
Vanderbilt University TN$2.5B · 0.03%
Georgetown University DC$2.5B · 0.01%
Princeton University NJ$2.4B · 0.01%
University of Miami FL$2.1B · 0.07%
Drexel University PA$1.8B · 0.08%
Syracuse University NY$1.7B · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741613878 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.