Plan Ledger DOL Form 5500 · updated monthly

Pacific University403(b)

PACIFIC UNIVERSITY SECTION 403(B) PLAN · FOREST GROVE, OR · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Pacific University reported $252,816 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $3,545 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 0.06% to 0.11%. 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 48th-largest of 1,021 plans among Oregon employers on file, and the 234th of 3,091 in educational services. In 2024, the employer put in $1.09 for every $1.00 employees contributed themselves; active participation has grown from 951 to 1,342 since 2022.

Plan summary
Net assets, end of year$243,271,812
Participants with balances1,615
Active participants1,342
Employer contributions$4,757,156
Employee contributions$4,381,315
Employer contribution per active participant$3,545
Average account balance$150,633
Benefits paid to participants$9,418,975
Plan auditUnmodified (clean) audit opinion
AuditorKBF CPAS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$243.3M · 1,615 accts · $4.8M emplr
2023$216.7M · 1,600 accts · $4.7M emplr
2022$187.1M · 1,576 accts · $4.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$191,825
Investment management$42,991
Audit (IQPA)$18,000
Total administrative$252,816
Employer contributions to the Pacific University plan · 2024
Employer contribution per active participant$3,545
Median for plans this size$3,635
2024$3,545 per active participant
2023$3,242 per active participant
2022$4,958 per active participant

Pacific 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 · 20244
TIAA · Recordkeeping · Pension consulting$191,825
ENDEAVOR RETIREMENT, LLC · Pension consulting$23,868
PRUDENT INVESTOR ADVISORS,LLC · Investment management$19,123
KBF CPAS LLP · Accounting / audit$18,000

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$252,816 · 0.11%
2023$154,962 · 0.08%
2022$127,389 · 0.06%
Same employer
Similar plansEducational Services · Oregon
Lewis & Clark College OR$337.2M · 0.04%
University of Portland OR$280.0M · 0.05%
The Reed College OR$254.9M · 0.10%
Willamette University OR$211.9M · 0.05%
Kindercare Education LLC OR$199.6M · 0.45%
Nwea OR$156.7M · 0.08%
Linfield University OR$135.3M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930386892 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.