Plan Ledger DOL Form 5500 · updated monthly

Interlochen Center for the Arts403(b)

INTERLOCHEN CENTER FOR THE ARTS RETIREMENT PLAN · INTERLOCHEN, MI · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Interlochen Center for the Arts reported $52,890 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,710 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 0.10% to 0.12%. 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 559th-largest of 2,619 plans among Michigan employers on file, and the 981st of 3,091 in educational services. active participation has grown from 372 to 475 since 2022.

Plan summary
Net assets, end of year$45,789,167
Participants with balances660
Active participants475
Employer contributions$2,712,306
Employee contributions—
Employer contribution per active participant$5,710
Average account balance$69,378
Benefits paid to participants$3,242,695
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$45.8M · 660 accts · $2.7M emplr
2023$42.2M · 606 accts · $2.3M emplr
2022$36.4M · 566 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,014
Investment management$876
Total administrative$52,890
Employer contributions to the Interlochen Center for the Arts plan · 2024
Employer contribution per active participant$5,710
Median for plans this size$2,416
2024$5,710 per active participant
2023$5,542 per active participant
2022$5,733 per active participant

Interlochen Center for the Arts'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
TIAA$44,725
FIDUCIENT ADVISORS, LLC · Investment advisory (plan)$8,166

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$52,890 · 0.12%
2023$40,282 · 0.10%
2022$37,845 · 0.10%
All plans at this employer2
INTERLOCHEN CENTER FOR THE ARTS RETIREMENT PLAN403(b)
INTERLOCHEN CENTER FOR THE ARTS 403(B) PLAN403(b)
Same employer
Similar plansEducational Services · Michigan
University Liggett School MI$50.2M · 0.06%
The Romine Group MI$39.4M · 0.09%
Aeg Holding Company Inc MI$38.6M · 0.20%
The Leona Group, LLC MI$37.0M · 0.20%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 381689022 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.