Plan Ledger DOL Form 5500 · updated monthly

Pacific Lutheran University403(b)

PACIFIC LUTHERAN UNIVERSITY 403(B) RETIREMENT PLAN · TACOMA, WA · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Pacific Lutheran University reported $371,403 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $3,243 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 0.17% to 0.16%. 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 92nd-largest of 1,714 plans among Washington employers on file, and the 239th of 3,091 in educational services. In 2024, employees put in $1.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$240,311,788
Participants with balances1,538
Active participants592
Employer contributions$1,919,786
Employee contributions$2,271,619
Employer contribution per active participant$3,243
Average account balance$156,250
Benefits paid to participants$25,263,627
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$240.3M · 1,538 accts · $1.9M emplr
2023$233.6M · 1,544 accts · $3.4M emplr
2022$212.0M · 1,574 accts · $3.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$146,815
Investment management$32,708
Audit (IQPA)$5,400
Total administrative$371,403
Employer contributions to the Pacific Lutheran University plan · 2024
Employer contribution per active participant$3,243
Median for plans this size$3,635
2024$3,243 per active participant
2023$6,163 per active participant
2022$5,370 per active participant

Pacific Lutheran University'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 · 20243
TIAA · Recordkeeping · Pension consulting$146,815
MULTNOMAH GROUP, INC · Consulting$32,708
FORVIS MAZARS, LLP · Accounting / audit$5,400

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$371,403 · 0.16%
2023$381,297 · 0.17%
2022$396,902 · 0.17%
Same employer
Similar plansEducational Services · Washington
Gonzaga University WA$521.5M · 0.09%
Seattle University WA$478.9M · 0.05%
University of Puget Sound WA$354.1M · 0.07%
Seattle Pacific University WA$110.8M · 0.14%
Lakeside School WA$102.8M · 0.07%
Whitworth University WA$97.7M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910565571 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.