Plan Ledger DOL Form 5500 · updated monthly

California Association for Research in Astronomy403(b)

W. M. KECK OBSERVATORY 403(B) RETIREMENT PLAN · KAMUELA, HI · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

California Association for Research in Astronomy reported $133,016 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $9,005 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 0.14% to 0.17%. 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 41st-largest of 269 plans among Hawaii employers on file, and the 644th of 3,091 in educational services. In 2024, the employer put in $1.01 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$80,775,046
Participants with balances301
Active participants147
Employer contributions$1,323,781
Employee contributions$1,305,540
Employer contribution per active participant$9,005
Average account balance$268,356
Benefits paid to participants$4,737,735
Plan auditDisclaimer of opinion
AuditorKKDLY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$80.8M · 301 accts · $1.3M emplr
2023$73.5M · 309 accts · $1.3M emplr
2022$61.9M · 310 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$114,899
Investment management$18,117
Total administrative$133,016
Employer contributions to the California Association for Research in Astronomy plan · 2024
Employer contribution per active participant$9,005
Median for plans this size$3,635
2024$9,005 per active participant
2023$8,192 per active participant
2022$7,406 per active participant

California Association for Research in Astronomy's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. 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
NFP RETIREMENT INC. · Investment advisory (plan)$68,117
TIAA$61,938

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$133,016 · 0.17%
2023$90,274 · 0.13%
2022$94,346 · 0.14%
Same employer
Similar plansEducational Services · Hawaii
Punahou School HI$326.2M · 0.08%
Iolani School HI$202.7M · 0.01%
Mid-Pacific Institute HI$88.2M · 0.08%
Hawaii Pacific University HI$86.2M · 0.32%
Hawaii Preparatory Academy HI$42.6M · 0.18%
Le Jardin Academy HI$25.0M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953972799 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.