Samuel Merritt University401(k)

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

Samuel Merritt University reported $175 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,456 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 0.000% to 0.000%. 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 991st-largest of 9,483 plans among California employers on file, and the 520th of 3,091 in educational services. In 2024, employees put in $1.55 for every $1.00 the employer contributed; active participation has grown from 673 to 755 since 2022.