Plan Ledger DOL Form 5500 · updated monthly

Dean College403(b)

DEAN COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN FOR FACULTY AND ADMINISTRATION · FRANKLIN, MA · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Dean College reported $52,866 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $1,366 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 fell from 0.43% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 1,095th-largest of 2,726 plans among Massachusetts employers on file, and the 1,379th of 3,091 in educational services. In 2024, employees put in $1.24 for every $1.00 the employer contributed; active participation has shrunk from 647 to 530 since 2022.

Plan summary
Net assets, end of year$26,713,522
Participants with balances430
Active participants530
Employer contributions$723,915
Employee contributions$894,787
Employer contribution per active participant$1,366
Average account balance$62,124
Benefits paid to participants$2,502,782
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $45K emplr
2024$26.7M · 430 accts · $724K emplr
2023$24.3M · 418 accts · $739K emplr
2022$21.3M · 409 accts · $763K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,866
Total administrative$52,866
Employer contributions to the Dean College plan · 2024
Employer contribution per active participant$1,366
Median for plans this size$2,416
2024$1,366 per active participant
2023$1,346 per active participant
2022$1,180 per active participant

Dean College's 2024 employer contribution ran below the $2,416 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
GLOBAL RETIREMENT PARTNERS$4,625
THE ANGELL PENSION GROUP$4,563

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

Administrative cost history4
2025Not separately reported
2024$52,866 · 0.21%
2023$37,756 · 0.17%
2022$110,036 · 0.43%
Same employer
Similar plansEducational Services · Massachusetts
Clarke School for the Deaf MA$27.5M · 0.03%
Middlesex School MA$27.1M · 0.14%
Riverview School, Inc. MA$26.8M · 0.01%
Dedham Country Day School MA$26.7M · 0.14%
Schools for Children, Inc. MA$26.1M · 0.00%
Brimmer and May School MA$25.6M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042104149 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.