Plan Ledger DOL Form 5500 · updated monthly

Brandeis University403(b)

BRANDEIS UNIVERSITY DEFINED CONTRIBUTION PLAN FOR FACULTY, PROFESSIONAL, AND ADMINISTRATIVE EMPLOYEES · WALTHAM, MA · plan year 2025

Reported admin expense ratio · 2025
0.04%

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

Brandeis University reported $323,973 in plan administrative expenses for 2025: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,148 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 0.05% to 0.04%. 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 64th-largest of 2,726 plans among Massachusetts employers on file, and the 56th of 3,091 in educational services. In 2025, employees put in $1.26 for every $1.00 the employer contributed; active participation has shrunk from 2,317 to 1,956 since 2022.

Plan summary
Net assets, end of year$923,052,639
Participants with balances3,723
Active participants1,956
Employer contributions$12,025,038
Employee contributions$15,116,315
Employer contribution per active participant$6,148
Average account balance$247,932
Benefits paid to participants$83,029,398
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$923.1M · 3,723 accts · $12.0M emplr
2024$855.0M · 3,497 accts · $12.1M emplr
2023$799.4M · 3,570 accts · $11.4M emplr
2022$719.8M · 3,449 accts · $10.9M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$242,122
Investment management$49,216
Audit (IQPA)$21,000
Total administrative$323,973
Employer contributions to the Brandeis University plan · 2025
Employer contribution per active participant$6,148
Median for plans this size$4,295
2025$6,148 per active participant
2024$6,085 per active participant
2023$4,794 per active participant
2022$4,720 per active participant

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

Service providers · 20254
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$241,379
FIDUCIENT ADVISORS LLC$49,216
CARON & BLETZER, PLLC · Accounting / audit$21,000
TIAA · Loan processing$75

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$323,973 · 0.04%
2024$308,506 · 0.04%
2023$256,467 · 0.03%
2022$359,722 · 0.05%
All plans at this employer2
BRANDEIS UNIVERSITY DEFINED CONTRIBUTION PLAN FOR FACULTY, PROFESSIONAL, AND ADMINISTRATIVE EMPLOYEES403(b)
BRANDEIS UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN FOR NONEXEMPT EMPLOYEES403(b)
Same employer
Similar plansEducational Services · Massachusetts
Northeastern University MA$2.6B · 0.01%
Trustees of Tufts College MA$1.0B · 0.05%
Wellesley College MA$787.3M · 0.05%
Trustees of Boston College MA$765.2M · 0.01%
Williams College MA$701.3M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042103552 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.