Plan Ledger DOL Form 5500 · updated monthly

College of St. Scholastica, Inc.403(b)

THE COLLEGE OF ST. SCHOLASTICA 403(B) RETIREMENT PLAN · DULUTH, MN · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

College of St. Scholastica, Inc. reported $63,745 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,039 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 0.02% to 0.05%. 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 216th-largest of 1,918 plans among Minnesota employers on file, and the 392nd of 3,091 in educational services. In 2024, employees put in $1.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$138,275,748
Participants with balances1,081
Active participants685
Employer contributions$1,396,431
Employee contributions$1,863,569
Employer contribution per active participant$2,039
Average account balance$127,915
Benefits paid to participants$12,768,103
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$138.3M · 1,081 accts · $1.4M emplr
2023$133.0M · 1,100 accts · $1.5M emplr
2022$119.4M · 1,103 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,435
Investment management$36,722
Audit (IQPA)$17,588
Total administrative$63,745
Employer contributions to the College of St. Scholastica, Inc. plan · 2024
Employer contribution per active participant$2,039
Median for plans this size$3,635
2024$2,039 per active participant
2023$2,149 per active participant
2022$2,008 per active participant

College of St. Scholastica, Inc.'s 2024 employer contribution ran below 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 · 20243
SAGEVIEW ADVISORY GROUP, LLC$36,722
CLIFTONLARSONALLEN LLP · Accounting / audit$17,588

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$63,745 · 0.05%
2023$47,614 · 0.04%
2022$31,694 · 0.02%
Same employer
Similar plansEducational Services · Minnesota
Ecmc Group, Inc. MN$190.2M · 0.06%
St. Catherine University MN$178.2M · 0.01%
Augsburg University MN$149.4M · 0.01%
The Blake School MN$127.5M · 0.11%
Edmentum MN$115.4M · 0.02%
Breck School MN$113.9M · 0.03%
Infinite Campus, Inc. MN$75.7M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410698301 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.