Charles R. Drew University of Medicine and Science403(b)
CHARLES R. DREW UNIVERSITY DEFINED CONTRIBUTION PLAN · LOS ANGELES, CA · plan year 2024
Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works
Charles R. Drew University of Medicine and Science reported $6,518 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,170 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 6 years on file its reported administrative ratio rose from 0.00% to 0.01%. 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 1,549th-largest of 9,483 plans among California employers on file, and the 818th of 3,091 in educational services. In 2024, the employer put in $1.38 for every $1.00 employees contributed themselves; active participation has grown from 337 to 703 since 2018.
Charles R. Drew University of Medicine and Science'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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 956151774 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.