Plan Ledger DOL Form 5500 · updated monthly

Mount Saint Mary's University403(b)

MOUNT SAINT MARY'S UNIVERSITY 403(B) RETIREMENT PL · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Mount Saint Mary's University reported $361,458 in plan administrative expenses for 2024: 0.31% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,774 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 0.18% to 0.31%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 842nd-largest of 9,483 plans among California employers on file, and the 439th of 3,091 in educational services. In 2024, the employer put in $1.61 for every $1.00 employees contributed themselves; active participation has shrunk from 630 to 555 since 2022.

Plan summary
Net assets, end of year$124,408,596
Participants with balances1,110
Active participants555
Employer contributions$3,204,590
Employee contributions$1,991,597
Employer contribution per active participant$5,774
Average account balance$112,080
Benefits paid to participants$5,898,631
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$124.4M · 1,110 accts · $3.2M emplr
2023$111.7M · 1,114 accts · $3.3M emplr
2022$99.0M · 1,155 accts · $3.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$355,970
Investment management$5,488
Total administrative$361,458
Employer contributions to the Mount Saint Mary's University plan · 2024
Employer contribution per active participant$5,774
Median for plans this size$3,635
2024$5,774 per active participant
2023$5,752 per active participant
2022$4,785 per active participant

Mount Saint Mary's University's 2024 employer contribution ran above the $3,635 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 · 20246
TIAA-CREF · Recordkeeping · Investment advisory (plan)$203,503
FIDELITY INVESTMENTS INSTITUTIONAL · Recordkeeping$5,973
BAKER TILLY US, LLP · Accounting / audit$72,962
BENEFIT FINANCIAL SERVICES GROUP · Consulting · Investment advisory (plan)$52,500
ARTHUR J GALLAGHER RISK MGMT SVCS · Insurance broker$15,632
LOCKE LORD · Legal$9,393

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

Recordkeeper by year2
2024Fidelity, TIAA
2023TIAA

This plan has changed recordkeepers within these filings. If you left Mount Saint Mary's University 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 history3
2024$361,458 · 0.31%
2023$188,214 · 0.18%
2022$194,121 · 0.18%
Same employer
Similar plansEducational Services · California
Chegg, Inc CA$138.3M · 0.00%
Mills College CA$118.8M · 0.11%
Menlo School CA$111.2M · 0.24%
Southwestern Law School CA$106.0M · 0.10%
Art Center College of Design CA$105.3M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951641455 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.