Plan Ledger DOL Form 5500 · updated monthly

Loyola Marymount University403(b)

LOYOLA MARYMOUNT UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Loyola Marymount University reported $428,988 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $5,652 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 0.079% to 0.085%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other educational services employers. By assets it is the 247th-largest of 9,483 plans among California employers on file, and the 99th of 3,091 in educational services. In 2024, employees put in $1.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$538,012,686
Participants with balances2,891
Active participants3,137
Employer contributions$17,728,821
Employee contributions$18,916,869
Employer contribution per active participant$5,652
Average account balance$186,099
Benefits paid to participants$33,846,984
Plan auditQualified audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$538.0M · 2,891 accts · $17.7M emplr
2023$471.5M · 2,873 accts · $16.7M emplr
2022$404.5M · 2,776 accts · $15.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$326,477
Investment management$102,511
Total administrative$428,988
Employer contributions to the Loyola Marymount University plan · 2024
Employer contribution per active participant$5,652
Median for plans this size$4,294
2024$5,652 per active participant
2023$5,400 per active participant
2022$5,163 per active participant

Loyola Marymount University's 2024 employer contribution ran above the $4,294 median for plans its size. 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 · 20245
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$326,477
AON INVESTMENTS USA INC. · Investment advisory (plan)$90,000
CROWELL WEEDON & CO · Investment advisory (plan)$6,736
CHARLES SCHWAB & CO, INC. · Securities brokerage$580
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$428,988 · 0.08%
2023$342,293 · 0.08%
2022$351,563 · 0.08%
Same employer
Similar plansEducational Services · California
University of the Pacific CA$839.2M · 0.02%
University of San Diego CA$797.1M · 0.08%
Pepperdine University CA$633.5M · 0.07%
Santa Clara University CA$520.4M · 0.02%
University of San Francisco CA$468.2M · 0.05%
Pomona College CA$380.0M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951643334 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.