Plan Ledger DOL Form 5500 · updated monthly

Harvey Mudd College403(b)

HARVEY MUDD COLLEGE ACADEMIC RETIREMENT PLAN · CLAREMONT, CA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Harvey Mudd College reported $49,682 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,798 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 0.04% 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 560th-largest of 9,483 plans among California employers on file, and the 274th of 3,091 in educational services. In 2024, the employer put in $1.92 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$204,706,871
Participants with balances888
Active participants478
Employer contributions$4,205,617
Employee contributions$2,185,444
Employer contribution per active participant$8,798
Average account balance$230,526
Benefits paid to participants$9,967,866
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$204.7M · 888 accts · $4.2M emplr
2023$185.6M · 849 accts · $4.0M emplr
2022$164.2M · 833 accts · $3.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,682
Total administrative$49,682
Employer contributions to the Harvey Mudd College plan · 2024
Employer contribution per active participant$8,798
Median for plans this size$3,635
2024$8,798 per active participant
2023$8,474 per active participant
2022$8,119 per active participant

Harvey Mudd College's 2024 employer contribution ran above the $3,635 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 · Pension consulting$49,682

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$49,682 · 0.03%
2023$40,922 · 0.02%
2022$73,248 · 0.04%
Similar plansEducational Services · California
University of la Verne CA$266.2M · 0.08%
Claremont McKenna College CA$258.7M · 0.03%
Harvard-Westlake School CA$251.6M · 0.02%
The University of Redlands CA$233.9M · 0.04%
Biola University, Inc. CA$197.6M · 0.07%
Cornerstone Ondemand, Inc. CA$195.8M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951911219 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.