Plan Ledger DOL Form 5500 · updated monthly

Point Loma Nazarene University403(b)

POINT LOMA NAZARENE UNIVERSITY RETIREMENT PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Point Loma Nazarene University reported $172,371 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $5,056 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 0.07% 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 635th-largest of 9,483 plans among California employers on file, and the 327th of 3,091 in educational services. In 2024, employees put in $1.15 for every $1.00 the employer contributed; active participation has shrunk from 1,397 to 644 since 2022.

Plan summary
Net assets, end of year$170,659,904
Participants with balances1,135
Active participants644
Employer contributions$3,255,998
Employee contributions$3,753,375
Employer contribution per active participant$5,056
Average account balance$150,361
Benefits paid to participants$10,053,838
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$170.7M · 1,135 accts · $3.3M emplr
2023$153.1M · 1,095 accts · $3.0M emplr
2022$130.9M · 1,061 accts · $2.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$156,546
Audit (IQPA)$15,825
Total administrative$172,371
Employer contributions to the Point Loma Nazarene University plan · 2024
Employer contribution per active participant$5,056
Median for plans this size$3,635
2024$5,056 per active participant
2023$4,860 per active participant
2022$2,078 per active participant

Point Loma Nazarene University's 2024 employer contribution ran above 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 · Contract administrator · Recordkeeping$129,706
MULTNOMAH GROUP, INC. · Investment advisory (plan)$26,840
INSERO & COMPANY CPAS, LLP · Accounting / audit$15,825

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$172,371 · 0.11%
2023$111,705 · 0.08%
2022$93,042 · 0.07%
Same employer
Similar plansEducational Services · California
Biola University, Inc. CA$197.6M · 0.07%
Cornerstone Ondemand, Inc. CA$195.8M · 0.11%
Pitzer College CA$151.5M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951644035 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.