Plan Ledger DOL Form 5500 · updated monthly

Gonzaga University403(b)

GONZAGA UNIVERSITY 403B RETIREMENT PLAN · SPOKANE, WA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Gonzaga University reported $455,437 in plan administrative expenses for 2024: 0.09% of average plan assets, above the peer median. Employer contributions averaged $4,001 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 0.06% to 0.09%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other educational services employers. By assets it is the 55th-largest of 1,714 plans among Washington employers on file, and the 106th of 3,091 in educational services. In 2024, employees put in $1.31 for every $1.00 the employer contributed; active participation has grown from 1,636 to 2,311 since 2022.

Plan summary
Net assets, end of year$521,526,518
Participants with balances2,663
Active participants2,311
Employer contributions$9,246,016
Employee contributions$12,119,760
Employer contribution per active participant$4,001
Average account balance$195,842
Benefits paid to participants$38,010,248
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$521.5M · 2,663 accts · $9.2M emplr
2023$479.4M · 2,610 accts · $8.7M emplr
2022$416.5M · 2,570 accts · $8.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$196,990
Investment management$226,407
Audit (IQPA)$17,955
Total administrative$455,437
Employer contributions to the Gonzaga University plan · 2024
Employer contribution per active participant$4,001
Median for plans this size$4,294
2024$4,001 per active participant
2023$3,800 per active participant
2022$5,126 per active participant

Gonzaga University's 2024 employer contribution ran below the $4,294 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 · 20244
TIAA · Recordkeeping · Pension consulting$196,990
CAP FINANCIAL PARTNERS, LLC · Consulting · Investment advisory (plan)$226,406
CLIFTONLARSONALLEN LLP · Accounting / audit$17,955
BOUTWELL FAY LLP · Legal$14,085

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$455,437 · 0.09%
2023$274,931 · 0.06%
2022$277,833 · 0.06%
Same employer
Similar plansEducational Services · Washington
Suffolk University MA$531.2M · 0.07%
Oberlin College OH$528.5M · 0.04%
Babson College MA$525.6M · 0.03%
Santa Clara University CA$520.4M · 0.02%
Midwestern University IL$507.7M · 0.03%
Bentley University MA$500.5M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910236600 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.