Plan Ledger DOL Form 5500 · updated monthly

Mitchell Hamline School of Law403(b)

THE MITCHELL HAMLINE SCHOOL OF LAW 403(B) PLAN · ST. PAUL, MN · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Mitchell Hamline School of Law reported $23,440 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,098 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 0.09% to 0.06%. 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 597th-largest of 1,918 plans among Minnesota employers on file, and the 1,110th of 3,091 in educational services. In 2024, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$37,694,049
Participants with balances288
Active participants202
Employer contributions$827,892
Employee contributions$1,557,229
Employer contribution per active participant$4,098
Average account balance$130,882
Benefits paid to participants$5,760,175
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$37.7M · 288 accts · $828K emplr
2023$36.1M · 280 accts · $733K emplr
2022$33.9M · 291 accts · $717K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,440
Total administrative$23,440
Employer contributions to the Mitchell Hamline School of Law plan · 2024
Employer contribution per active participant$4,098
Median for plans this size$2,416
2024$4,098 per active participant
2023$3,560 per active participant
2022$3,304 per active participant

Mitchell Hamline School of Law's 2024 employer contribution ran above 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 · 20241

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$23,440 · 0.06%
2023$20,087 · 0.06%
2022$36,097 · 0.09%
Same employer
Similar plansEducational Services · Minnesota
Infinite Campus, Inc. MN$75.7M · 0.40%
Shattuck-St. Mary's School MN$30.4M · 0.10%
Providence Academy MN$23.1M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410518750 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.