Plan Ledger DOL Form 5500 · updated monthly

Fisher College403(b)

FISHER COLLEGE 403(B) DC PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Fisher College reported $8,509 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,433 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 0.08% to 0.03%. 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 941st-largest of 2,726 plans among Massachusetts employers on file, and the 1,217th of 3,091 in educational services. In 2024, employees put in $1.92 for every $1.00 the employer contributed; active participation has shrunk from 242 to 181 since 2022.

Plan summary
Net assets, end of year$32,907,134
Participants with balances369
Active participants181
Employer contributions$440,307
Employee contributions$847,479
Employer contribution per active participant$2,433
Average account balance$89,179
Benefits paid to participants$1,331,033
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.9M · 369 accts · $440K emplr
2023$29.3M · 369 accts · $409K emplr
2022$26.2M · 373 accts · $374K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,509
Total administrative$8,509
Employer contributions to the Fisher College plan · 2024
Employer contribution per active participant$2,433
Median for plans this size$2,416
2024$2,433 per active participant
2023$1,711 per active participant
2022$1,544 per active participant

Fisher College's 2024 employer contribution ran above 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
TIAA · Recordkeeping$1,284
SENTINEL PENSION ADVISORS · Investment advisory (plan)$7,900

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$8,509 · 0.03%
2023$2,545 · 0.01%
2022$21,461 · 0.08%
Same employer
Similar plansEducational Services · Massachusetts
Bancroft School MA$32.5M · 0.11%
Lighthouse School, Inc. MA$32.5M · 0.56%
Brookwood School MA$31.1M · 0.00%
Shore Country Day School MA$30.4M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042005934 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.