Plan Ledger DOL Form 5500 · updated monthly

Pepperdine University403(b)

PEPPERDINE UNIVERSITY RETIREMENT PLAN · MALIBU, CA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Pepperdine University reported $423,749 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $6,857 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 0.07%. 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 202nd-largest of 9,483 plans among California employers on file, and the 82nd of 3,091 in educational services. In 2024, employees put in $1.07 for every $1.00 the employer contributed; active participation has grown from 1,773 to 2,003 since 2022.

Plan summary
Net assets, end of year$633,491,739
Participants with balances3,372
Active participants2,003
Employer contributions$13,733,728
Employee contributions$14,665,674
Employer contribution per active participant$6,857
Average account balance$187,868
Benefits paid to participants$45,244,971
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$633.5M · 3,372 accts · $13.7M emplr
2023$576.0M · 3,438 accts · $12.7M emplr
2022$509.2M · 3,413 accts · $12.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$264,954
Investment management$158,795
Total administrative$423,749
Employer contributions to the Pepperdine University plan · 2024
Employer contribution per active participant$6,857
Median for plans this size$4,294
2024$6,857 per active participant
2023$6,802 per active participant
2022$6,745 per active participant

Pepperdine University'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 · 202411
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$256,067
TEACHERS INSURANCE & ANNUITY ASSOC. · Recordkeeping$8,887
BFSG, LLC · Consulting$37,500
MANCHESTER FINANCIAL INC. · Securities brokerage$36,958
INTEGRITY FINANCIAL CORPORATION · Securities brokerage$19,877
CERITY PARTNERS LLC · Securities brokerage$16,720
CEDARSTONE ADVISORS, INC. · Securities brokerage$16,132
SUMMIT GLOBAL INVESTMENTS LLC · Securities brokerage$10,765
BURTON ENRIGHT WELCH · Securities brokerage$8,906
SHERWOOD FINANCIAL · Securities brokerage$6,453
NATIONAL FINANCIAL SERVICES · 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
2024TEACHERS INSURANCE & ANNUITY ASSOC., Transamerica
2023Transamerica

This plan has changed recordkeepers within these filings. If you left Pepperdine University before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$423,749 · 0.07%
2023$347,199 · 0.06%
2022$321,065 · 0.06%
Same employer
Similar plansEducational Services · California
University of the Pacific CA$839.2M · 0.02%
University of San Diego CA$797.1M · 0.08%
Loyola Marymount University CA$538.0M · 0.08%
Santa Clara University CA$520.4M · 0.02%
University of San Francisco CA$468.2M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951644037 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.