Plan Ledger DOL Form 5500 · updated monthly

Rocky Mountain College403(b)

ROCKY MOUNTAIN COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN · BILLINGS, MT · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Rocky Mountain College reported $157 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,722 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 0.000% to 0.001%. 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 40th-largest of 229 plans among Montana employers on file, and the 1,225th of 3,091 in educational services. In 2024, employees put in $1.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$32,551,360
Participants with balances323
Active participants244
Employer contributions$420,101
Employee contributions$731,166
Employer contribution per active participant$1,722
Average account balance$100,778
Benefits paid to participants$2,750,508
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.6M · 323 accts · $420K emplr
2023$30.2M · 327 accts · $414K emplr
2022$26.2M · 332 accts · $433K emplr
Employer contributions to the Rocky Mountain College plan · 2024
Employer contribution per active participant$1,722
Median for plans this size$2,416
2024$1,722 per active participant
2023$1,622 per active participant
2022$1,719 per active participant

Rocky Mountain 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.

Service providers · 20242
STIFEL NICOLAUS & CO · Investment advisory (plan)$34,655
EMPOWER ADVISORY GROUP, LLC · Investment management$158

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$157 · 0.00%
2023$92 · 0.00%
2022$12 · 0.00%
Same employer
Similar plansEducational Services · Montana
Carroll College MT$55.3M · 0.00%
Bethany College WV$32.6M · 0.04%
Rocketship Education CA$32.6M · 0.18%
The Walker School GA$32.6M · 0.11%
Fairmont Schools, Inc. CA$32.5M · 0.34%
The Summit Center Inc. NY$32.5M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810235407 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.