Plan Ledger DOL Form 5500 · updated monthly

Palo Alto University, Inc403(b)

PALO ALTO UNIVERSITY, INC. COMBINED 403(B) PLAN · PALO ALTO, CA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Palo Alto University, Inc reported $59,923 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $4,349 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 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 2,443rd-largest of 9,483 plans among California employers on file, and the 1,194th of 3,091 in educational services. In 2024, employees put in $1.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$33,957,299
Participants with balances343
Active participants227
Employer contributions$987,182
Employee contributions$1,323,237
Employer contribution per active participant$4,349
Average account balance$99,001
Benefits paid to participants$1,597,446
Plan auditUnmodified (clean) audit opinion
AuditorHOOD & STRONG
Plan history3
Yearassets · accounts · employer contribution
2024$34.0M · 343 accts · $987K emplr
2023$30.2M · 328 accts · $907K emplr
2022$27.5M · 313 accts · $853K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,794
Investment management$129
Total administrative$59,923
Employer contributions to the Palo Alto University, Inc plan · 2024
Employer contribution per active participant$4,349
Median for plans this size$2,416
2024$4,349 per active participant
2023$4,087 per active participant
2022$3,694 per active participant

Palo Alto University, Inc's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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
MULTNOMAH GROUP, INC · Investment advisory (plan)$32,341
HOOD & STRONG LLP · Accounting / audit$12,000
TIAA$11,746

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

Administrative cost history3
2024$59,923 · 0.19%
2023$65,388 · 0.23%
2022$88,262 · 0.34%
Same employer
Similar plansEducational Services · California
The Webb Schools CA$36.5M · 0.11%
San Francisco Day School CA$35.5M · 0.05%
San Domenico School CA$34.9M · 0.30%
The Colburn School CA$34.1M · 0.03%
Curtis School Foundation CA$33.6M · 0.13%
Menlo College CA$33.3M · 0.09%
Rocketship Education CA$32.6M · 0.18%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 942340692 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.