Plan Ledger DOL Form 5500 · updated monthly

Goucher College403(b)

THE GOUCHER COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Goucher College reported $20,173 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,707 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 0.00% to 0.01%. 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 116th-largest of 1,671 plans among Maryland employers on file, and the 350th of 3,091 in educational services. In 2024, employees put in $2.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$154,112,067
Participants with balances999
Active participants397
Employer contributions$677,747
Employee contributions$1,960,016
Employer contribution per active participant$1,707
Average account balance$154,266
Benefits paid to participants$10,996,474
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$154.1M · 999 accts · $678K emplr
2023$147.3M · 990 accts · $1.1M emplr
2022$135.0M · 996 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$837
Investment management$9,336
Audit (IQPA)$10,000
Total administrative$20,173
Employer contributions to the Goucher College plan · 2024
Employer contribution per active participant$1,707
Median for plans this size$3,635
2024$1,707 per active participant
2023$2,714 per active participant
2022$2,742 per active participant

Goucher 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 · 20243
TIAA · Recordkeeping · Pension consulting$837
BAKER TILLY US, LLP · Accounting / audit$10,000
CBIZ INVESTMENT ADVISORY, LLC · Investment advisory (participants) · Investment advisory (plan)$9,336

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$20,173 · 0.01%
2023$5,296 · 0.00%
2022$1,600 · 0.00%
Same employer
Similar plansEducational Services · Maryland
Loyola University Maryland MD$441.4M · 0.05%
2U, Inc. MD$195.2M · 0.10%
American Physical Society MD$142.7M · 0.09%
St. John's College MD$137.9M · 0.05%
McDaniel College MD$133.1M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520591613 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.