Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees of Whitman College403(b)

WHITMAN COLLEGE RETIREMENT PLAN · WALLA WALLA, WA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Board of Trustees of Whitman College reported $77,976 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,595 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 2 years on file its reported administrative ratio rose from 0.03% to 0.04%. 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 98th-largest of 1,714 plans among Washington employers on file, and the 251st of 3,091 in educational services. In 2024, the employer put in $1.21 for every $1.00 employees contributed themselves; active participation has grown from 547 to 1,478 since 2022.

Plan summary
Net assets, end of year$228,198,042
Participants with balances1,291
Active participants1,478
Employer contributions$3,834,838
Employee contributions$3,180,057
Employer contribution per active participant$2,595
Average account balance$176,761
Benefits paid to participants$12,923,042
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$228.2M · 1,291 accts · $3.8M emplr
2023$209.5M · 1,283 accts · $3.7M emplr
2022$193.3M · 1,258 accts · $3.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,976
Investment management$9,000
Total administrative$77,976
Employer contributions to the Board of Trustees of Whitman College plan · 2024
Employer contribution per active participant$2,595
Median for plans this size$3,635
2024$2,595 per active participant
2023$5,512 per active participant
2022$6,227 per active participant

Board of Trustees of Whitman College'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 · 20242
TIAA · Recordkeeping · Pension consulting$68,976
PLANPILOT, LLC · Investment management$9,000

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$77,976 · 0.04%
2023$58,916 · 0.03%
2022$62,956 · 0.03%
Same employer
Similar plansEducational Services · Washington
Gonzaga University WA$521.5M · 0.09%
Seattle University WA$478.9M · 0.05%
University of Puget Sound WA$354.1M · 0.07%
Pacific Lutheran University WA$240.3M · 0.16%
Seattle Pacific University WA$110.8M · 0.14%
Lakeside School WA$102.8M · 0.07%
Whitworth University WA$97.7M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910567740 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.