Plan Ledger DOL Form 5500 · updated monthly

Educause403(b)

EDUCAUSE DC PLAN · BOULDER, CO · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Educause reported $25,966 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $10,606 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 0.063% to 0.057%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 253rd-largest of 1,461 plans among Colorado employers on file, and the 445th of 3,341 in other services. In 2024, employees put in $1.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$48,028,844
Participants with balances237
Active participants83
Employer contributions$880,261
Employee contributions$888,306
Employer contribution per active participant$10,606
Average account balance$202,653
Benefits paid to participants$3,328,973
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$48.0M · 237 accts · $880K emplr
2023$43.8M · 244 accts · $797K emplr
2022$37.7M · 245 accts · $716K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,966
Total administrative$25,966
Employer contributions to the Educause plan · 2024
Employer contribution per active participant$10,606
Median for plans this size$2,416
2024$10,606 per active participant
2023$8,959 per active participant
2022$8,726 per active participant

Educause's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20241
TIAA · Recordkeeping$25,966

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$25,966 · 0.06%
2023$26,554 · 0.07%
2022$25,597 · 0.06%
Similar plansOther Services · Colorado
The Navigators CO$158.5M · 0.14%
Focus on the Family CO$75.0M · 0.38%
Allosource CO$62.8M · 0.22%
Management Solutions, Inc. CO$44.3M · 0.81%
Junior Achievement USA CO$43.0M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841455437 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.