Plan Ledger DOL Form 5500 · updated monthly

Gordon College403(b)

GORDON COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN · WENHAM, MA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Gordon College reported $27,488 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $653 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 0.03%. 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 407th-largest of 2,726 plans among Massachusetts employers on file, and the 491st of 3,091 in educational services. In 2024, employees put in $6.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$108,238,383
Participants with balances960
Active participants344
Employer contributions$224,782
Employee contributions$1,380,374
Employer contribution per active participant$653
Average account balance$112,748
Benefits paid to participants$7,435,385
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$108.2M · 960 accts · $225K emplr
2023$103.0M · 866 accts
2022$94.5M · 867 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,150
Investment management$88
Audit (IQPA)$26,250
Total administrative$27,488
Employer contributions to the Gordon College plan · 2024
Employer contribution per active participant$653
Median for plans this size$3,635

Gordon College's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20242
TIAA · Recordkeeping · Pension consulting$1,238
GRANT THORNTON, LLP · Accounting / audit$26,250

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$27,488 · 0.03%
2023$27,077 · 0.03%
2022$23,501 · 0.02%
Same employer
Similar plansEducational Services · Massachusetts
Ef Travel, Inc. MA$139.3M · 0.20%
Trustees of Emmanuel College MA$121.6M · 0.13%
Endicott College MA$116.9M · 0.08%
Elderhostel Inc. MA$98.2M · 0.13%
Groton School MA$97.4M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042104258 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.