Plan Ledger DOL Form 5500 · updated monthly

Keck Graduate Institute403(b)

KECK GRADUATE INSTITUTE OF APPLIED LIFE SCIENCES 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

Keck Graduate Institute reported $16,380 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,147 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 $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 1,749th-largest of 9,483 plans among California employers on file, and the 898th of 3,091 in educational services. In 2024, the employer put in $1.47 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$50,839,443
Participants with balances393
Active participants231
Employer contributions$1,419,860
Employee contributions$963,550
Employer contribution per active participant$6,147
Average account balance$129,362
Benefits paid to participants$4,352,352
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$50.8M · 393 accts · $1.4M emplr
2023$46.8M · 376 accts · $1.5M emplr
2022$40.6M · 359 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,380
Total administrative$16,380
Employer contributions to the Keck Graduate Institute plan · 2024
Employer contribution per active participant$6,147
Median for plans this size$2,416
2024$6,147 per active participant
2023$6,590 per active participant
2022$7,062 per active participant

Keck Graduate Institute'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 · 20241
TIAA · Recordkeeping · Pension consulting$16,380

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$16,380 · 0.03%
2023$14,493 · 0.03%
2022$19,266 · 0.04%
Similar plansEducational Services · California
Fresno Pacific University CA$53.4M · 0.09%
Marin Academy CA$50.2M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954625327 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.