Hope College403(b)

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

Hope College reported $206,615 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $4,554 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 0.29% 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 146th-largest of 2,619 plans among Michigan employers on file, and the 269th of 3,091 in educational services. In 2024, the employer put in $1.21 for every $1.00 employees contributed themselves.