Plan Ledger DOL Form 5500 · updated monthly

Mitchell College403(b)

MITCHELL COLLEGE RETIREMENT PLAN · NEW LONDON, CT · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Mitchell College reported $32,011 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,700 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 0.03% to 0.09%. 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 369th-largest of 1,106 plans among Connecticut employers on file, and the 1,136th of 3,091 in educational services. In 2024, employees put in $1.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$36,617,060
Participants with balances513
Active participants284
Employer contributions$482,831
Employee contributions$529,821
Employer contribution per active participant$1,700
Average account balance$71,378
Benefits paid to participants$3,016,721
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $100K emplr
2024$36.6M · 513 accts · $483K emplr
2023$34.4M · 504 accts · $517K emplr
2022$30.4M · 490 accts · $464K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,431
Investment management$580
Total administrative$32,011
Employer contributions to the Mitchell College plan · 2024
Employer contribution per active participant$1,700
Median for plans this size$2,416
2024$1,700 per active participant
2023$2,277 per active participant
2022$1,562 per active participant

Mitchell College's 2024 employer contribution ran below the $2,416 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 · 20242
CARON & BLETZER, PLLC · Recordkeeping$19,125
TIAA · Recordkeeping$9,111

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

Recordkeeper by year2
2024CARON & BLETZER, PLLC, TIAA
2023TIAA

This plan has changed recordkeepers within these filings. If you left Mitchell College before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025Not separately reported
2024$32,011 · 0.09%
2023$12,642 · 0.04%
2022$10,739 · 0.03%
Same employer
Similar plansEducational Services · Connecticut
St. Lukes Foundation, Inc. CT$49.0M · 0.05%
Albertus Magnus College CT$48.1M · 0.05%
Salisbury School CT$43.4M · 0.03%
Kingswood Oxford School CT$35.2M · 0.48%
Eagle Hill School CT$32.5M · 0.13%
Goodwin University, Inc. CT$31.2M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060662150 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.