Plan Ledger DOL Form 5500 · updated monthly

California Institute of the Arts403(b)

CALIFORNIA INSTITUTE OF THE ARTS RETIREMENT PLAN · VALENCIA, CA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

California Institute of the Arts reported $67,788 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $4,565 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 0.06% to 0.07%. 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 1,030th-largest of 9,483 plans among California employers on file, and the 548th of 3,091 in educational services. In 2024, employees put in $1.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$97,046,090
Participants with balances799
Active participants502
Employer contributions$2,291,467
Employee contributions$3,296,107
Employer contribution per active participant$4,565
Average account balance$121,459
Benefits paid to participants$9,551,918
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$97.0M · 799 accts · $2.3M emplr
2023$89.9M · 832 accts · $2.1M emplr
2022$76.6M · 771 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$67,788
Total administrative$67,788
Employer contributions to the California Institute of the Arts plan · 2024
Employer contribution per active participant$4,565
Median for plans this size$3,635
2024$4,565 per active participant
2023$4,145 per active participant
2022$3,787 per active participant

California Institute of the Arts's 2024 employer contribution ran above 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
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$67,788
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$67,788 · 0.07%
2023$58,624 · 0.07%
2022$51,850 · 0.06%
Same employer
Similar plansEducational Services · California
Samuel Merritt University CA$101.2M · 0.00%
Polytechnic School CA$99.9M · 0.08%
Brentwood School CA$99.8M · 0.15%
The Asia Foundation CA$93.3M · 0.03%
La Jolla Country Day School CA$91.8M · 0.12%
Fuller Theological Seminary CA$91.3M · 0.00%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 956102146 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.