Plan Ledger DOL Form 5500 · updated monthly

Ranken Technical College403(b)

RANKEN TECHNICAL COLLEGE 403B PLAN · SAINT LOUIS, MO · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Ranken Technical College reported $1,165 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,387 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 0.005% to 0.007%. 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 662nd-largest of 1,393 plans among Missouri employers on file, and 1,719th of 3,091 in educational services. In 2024, employees put in $4.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,899,989
Participants with balances206
Active participants135
Employer contributions$187,297
Employee contributions$777,165
Employer contribution per active participant$1,387
Average account balance$82,039
Benefits paid to participants$2,209,525
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.9M · 206 accts · $187K emplr
2023$15.5M · 211 accts · $191K emplr
2022$13.5M · 206 accts · $174K emplr
Administrative expenses, itemized · 2024
Trustee / custodial$1,165
Total administrative$1,165
Employer contributions to the Ranken Technical College plan · 2024
Employer contribution per active participant$1,387
Median for plans this size$2,416
2024$1,387 per active participant
2023$1,427 per active participant
2022$1,262 per active participant

Ranken Technical College's 2024 employer contribution ran below the $2,416 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.

Administrative cost history3
2024$1,165 · 0.01%
2023$1,010 · 0.01%
2022$735 · 0.01%
Same employer
Similar plansEducational Services · Missouri
William Woods University MO$21.7M · 0.47%
Whitfield School MO$19.9M · 0.36%
Missouri Valley College MO$16.9M · 0.43%
Berry Foundation MO$7.2M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 430471057 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.