Mills College403(b)
MILLS COLLEGE AT NORTHEASTERN DEFINED CONTRIBUTION RETIREMENT PLAN · OAKLAND, CA · plan year 2022
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Mills College reported $150,426 in plan administrative expenses for 2022: 0.11% of average plan assets, below the peer median. Employer contributions averaged $1,120 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.
The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other educational services employers. By assets it is the 871st-largest of 9,483 plans among California employers on file, and the 455th of 3,091 in educational services. In 2022, employees put in $2.04 for every $1.00 the employer contributed.
Mills College's 2022 employer contribution ran below the $3,449 median for plans its size, in the bottom 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 941156566 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.