Plan Ledger DOL Form 5500 · updated monthly

Rose-Hulman Institute of Technology403(b)

ROSE-HULMAN INSTITUTE OF TECHNOLOGY MONEY PURCHASE PURCHASE PLAN · TERRE HAUTE, IN · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Rose-Hulman Institute of Technology reported $35,500 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,245 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 0.024% to 0.017%. 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 72nd-largest of 1,562 plans among Indiana employers on file, and the 259th of 3,091 in educational services. In 2024, the employer put in $1.34 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$219,644,569
Participants with balances1,058
Active participants565
Employer contributions$4,093,170
Employee contributions$3,064,117
Employer contribution per active participant$7,245
Average account balance$207,604
Benefits paid to participants$15,289,169
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$219.6M · 1,058 accts · $4.1M emplr
2023$202.0M · 1,065 accts · $3.7M emplr
2022$178.1M · 1,055 accts · $4.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,500
Total administrative$35,500
Employer contributions to the Rose-Hulman Institute of Technology plan · 2024
Employer contribution per active participant$7,245
Median for plans this size$3,635
2024$7,245 per active participant
2023$6,433 per active participant
2022$7,785 per active participant

Rose-Hulman Institute of Technology's 2024 employer contribution ran above the $3,635 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 · 20242
PLANPILOT, LLC · Contract administrator$29,777
TIAA-TEACHERS INS & ANNUITY ASSOC · Contract administrator$5,723

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$35,500 · 0.02%
2023$34,080 · 0.02%
2022$46,373 · 0.02%
Same employer
Similar plansEducational Services · Indiana
Butler University IN$373.4M · 0.08%
Depauw University IN$251.6M · 0.08%
University of Evansville IN$193.2M · 0.05%
University of Indianapolis IN$172.5M · 0.01%
St. Mary's College IN$143.7M · 0.03%
Wabash College IN$119.2M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 350868149 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.