Plan Ledger DOL Form 5500 · updated monthly

Carnegie Institute403(b)

CARNEGIE INSTITUTE DEFINED CONTRIBUTION AND TAX DEFERRED ANNUITY RETIREMENT PLAN · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Carnegie Institute reported $95,446 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $1,637 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 0.09% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 530th-largest of 3,651 plans among Pennsylvania employers on file, and the 116th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $2.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$85,882,191
Participants with balances1,027
Active participants495
Employer contributions$810,295
Employee contributions$2,284,105
Employer contribution per active participant$1,637
Average account balance$83,624
Benefits paid to participants$7,880,982
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$85.9M · 1,027 accts · $810K emplr
2023$80.9M · 1,047 accts · $706K emplr
2022$73.9M · 1,040 accts · $653K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$94,986
Audit (IQPA)$460
Total administrative$95,446
Employer contributions to the Carnegie Institute plan · 2024
Employer contribution per active participant$1,637
Median for plans this size$3,635
2024$1,637 per active participant
2023$1,303 per active participant
2022$1,303 per active participant

Carnegie Institute's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20243
TIAA · Recordkeeping · Pension consulting$35,097
GLOBAL RETIREMENT PARTNERS, LLC · Investment advisory (plan)$38,500
CARNEGIE INSTITUTE$18,122

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$95,446 · 0.11%
2023$128,967 · 0.17%
2022$69,556 · 0.09%
Same employer
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Asm Global PA$336.8M · 0.06%
Philadelphia Museum of Art PA$147.0M · 0.05%
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Greenwood Racing, Inc. PA$111.4M · 0.02%
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Philadelphia Eagles, LLC PA$59.7M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 250965280 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.