Plan Ledger DOL Form 5500 · updated monthly

Hiram College403(b)

HIRAM COLLEGE RETIREMENT PLAN · HIRAM, OH · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Hiram College reported $60,055 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $883 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 0.10%. 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 531st-largest of 3,295 plans among Ohio employers on file, and the 772nd of 3,091 in educational services. In 2024, employees put in $2.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$63,367,551
Participants with balances654
Active participants227
Employer contributions$200,379
Employee contributions$529,220
Employer contribution per active participant$883
Average account balance$96,892
Benefits paid to participants$3,677,468
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$63.4M · 654 accts · $200K emplr
2023$60.3M · 672 accts · $203K emplr
2022$57.1M · 691 accts · $224K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,471
Investment management$24,840
Audit (IQPA)$2,744
Total administrative$60,055
Employer contributions to the Hiram College plan · 2024
Employer contribution per active participant$883
Median for plans this size$3,635
2024$883 per active participant
2023$917 per active participant
2022$996 per active participant

Hiram 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$34,081
CLEARSTEAD ADVISORS, LLC · Investment advisory (plan)$14,989
BKD, LLP · Investment advisory (plan)$8,241

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$60,055 · 0.10%
2023$123,289 · 0.21%
2022$35,264 · 0.06%
Same employer
Similar plansEducational Services · Ohio
University School OH$77.8M · 0.04%
Mount St. Joseph University OH$67.6M · 0.08%
The Seven Hills School OH$64.9M · 0.08%
Walsh University, Inc. OH$60.7M · 0.20%
Hathaway Brown School OH$51.8M · 0.04%
Wilmington College OH$51.2M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340714670 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.