Plan Ledger DOL Form 5500 · updated monthly

Institute for the International Education of Students403(b)

THE INSTITUTE FOR THE INTERNATIONAL EDUCATION OF STUDENTS 403(B) DEFINED CONTRIBUTION RETIREMENT PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Institute for the International Education of Students reported $9,609 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,963 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 0.01% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 1,003rd-largest of 3,702 plans among Illinois employers on file, and the 1,010th of 3,091 in educational services. In 2024, employees put in $1.28 for every $1.00 the employer contributed; active participation has grown from 264 to 309 since 2022.

Plan summary
Net assets, end of year$44,197,375
Participants with balances551
Active participants309
Employer contributions$1,842,716
Employee contributions$2,354,329
Employer contribution per active participant$5,963
Average account balance$80,213
Benefits paid to participants$1,402,623
Plan history3
Yearassets · accounts · employer contribution
2024$44.2M · 551 accts · $1.8M emplr
2023$42.1M · 530 accts · $1.4M emplr
2022$36.4M · 498 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,609
Total administrative$9,609
Employer contributions to the Institute for the International Education of Students plan · 2024
Employer contribution per active participant$5,963
Median for plans this size$2,416
2024$5,963 per active participant
2023$4,894 per active participant
2022$4,461 per active participant

Institute for the International Education of Students's 2024 employer contribution ran above the $2,416 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 · 20242
FIDELITY INVESTMENT INSTITUTIONAL · Loan processing$2,485
TIAA$10,239

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$9,609 · 0.02%
2023$7,987 · 0.02%
2022$5,299 · 0.01%
Same employer
Similar plansEducational Services · Illinois
McKendree University IL$62.5M · 0.07%
Lake Forest Academy IL$43.8M · 0.30%
Erikson Institute IL$43.4M · 0.16%
Rockford University IL$37.4M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362251912 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.