Plan Ledger DOL Form 5500 · updated monthly

Otis College of Art and Design403(b)

OTIS COLLEGE OF ART AND DESIGN 403(B) RETIREMENT PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Otis College of Art and Design reported $163,357 in plan administrative expenses for 2024: 0.32% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,612 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 0.34% to 0.32%. 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 1,675th-largest of 9,483 plans among California employers on file, and the 865th of 3,091 in educational services. In 2024, employees put in $1.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$53,842,552
Participants with balances762
Active participants624
Employer contributions$1,629,696
Employee contributions$1,938,861
Employer contribution per active participant$2,612
Average account balance$70,660
Benefits paid to participants$5,810,183
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$53.8M · 762 accts · $1.6M emplr
2023$49.8M · 754 accts · $1.5M emplr
2022$43.5M · 734 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$86,486
Investment management$76,871
Total administrative$163,357
Employer contributions to the Otis College of Art and Design plan · 2024
Employer contribution per active participant$2,612
Median for plans this size$3,635
2024$2,612 per active participant
2023$1,270 per active participant
2022$1,840 per active participant

Otis College of Art and Design's 2024 employer contribution ran below 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 · 20244
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$58,579
KEEFER PENSION CONSULTING INC. · Consulting$76,871
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp
MID ATLANTIC CAPITAL CORPORATION · Securities brokerageindirect 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
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$163,357 · 0.32%
2023$120,962 · 0.26%
2022$157,448 · 0.34%
Same employer
Similar plansEducational Services · California
Valley Christian Schools CA$57.1M · 0.30%
Fresno Pacific University CA$53.4M · 0.09%
Keck Graduate Institute CA$50.8M · 0.03%
Marin Academy CA$50.2M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132981115 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.