Plan Ledger DOL Form 5500 · updated monthly

Oberlin College403(b)

OBERLIN COLLEGE DEFINED CONTRIBUTION AND TAX DEFERRED ANNUITY RETIREMENT PLAN · OBERLIN, OH · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Oberlin College reported $227,874 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $5,253 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 0.02% to 0.04%. 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 98th-largest of 3,295 plans among Ohio employers on file, and the 103rd of 3,091 in educational services. In 2024, the employer put in $1.10 for every $1.00 employees contributed themselves; active participation has grown from 1,062 to 1,232 since 2022.

Plan summary
Net assets, end of year$528,527,413
Participants with balances2,351
Active participants1,232
Employer contributions$6,471,644
Employee contributions$5,860,386
Employer contribution per active participant$5,253
Average account balance$224,810
Benefits paid to participants$38,556,728
Plan auditDisclaimer of opinion
AuditorMALONEY + NOVOTNY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$528.5M · 2,351 accts · $6.5M emplr
2023$498.6M · 2,376 accts · $6.1M emplr
2022$464.4M · 2,334 accts · $5.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$82,774
Investment management$122,825
Audit (IQPA)$22,275
Total administrative$227,874
Employer contributions to the Oberlin College plan · 2024
Employer contribution per active participant$5,253
Median for plans this size$4,294
2024$5,253 per active participant
2023$4,691 per active participant
2022$5,164 per active participant

Oberlin College'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 · 20244
TIAA · Recordkeeping · Pension consulting$82,774
CBIZ INVESTMENT ADVISORY SVCS LLC · Investment management$122,825
MALONEY + NOVOTNY LLC · Accounting / audit$22,275
AMERIPRISE FINANCIAL SERVICES, INC.indirect 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
2024TIAA
2023TIAA

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

Administrative cost history3
2024$227,874 · 0.04%
2023$125,148 · 0.03%
2022$76,082 · 0.02%
Same employer
Similar plansEducational Services · Ohio
University of Dayton OH$667.3M · 0.05%
Xavier University OH$410.6M · 0.07%
Kenyon College OH$323.0M · 0.05%
Denison University OH$310.4M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340714363 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.