Plan Ledger DOL Form 5500 · updated monthly

San Diego State University Foundation403(b)

SAN DIEGO STATE UNIVERSITY FOUNDATION DEFINED CONTRIBUTION RETIREMENT PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

San Diego State University Foundation reported $119,320 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $2,271 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 0.02% to 0.04%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other educational services employers. By assets it is the 417th-largest of 9,483 plans among California employers on file, and the 198th of 3,091 in educational services. In 2024, the employer put in $1.16 for every $1.00 employees contributed themselves; active participation has grown from 2,084 to 3,416 since 2022.

Plan summary
Net assets, end of year$294,939,968
Participants with balances5,034
Active participants3,416
Employer contributions$7,756,927
Employee contributions$6,708,555
Employer contribution per active participant$2,271
Average account balance$58,590
Benefits paid to participants$18,007,274
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$294.9M · 5,034 accts · $7.8M emplr
2023$262.3M · 4,922 accts · $6.9M emplr
2022$223.1M · 4,963 accts · $6.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,755
Investment management$63,602
Audit (IQPA)$18,200
Total administrative$119,320
Employer contributions to the San Diego State University Foundation plan · 2024
Employer contribution per active participant$2,271
Median for plans this size$4,294
2024$2,271 per active participant
2023$2,109 per active participant
2022$3,008 per active participant

San Diego State University Foundation's 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom 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 · 20244
TIAA · Recordkeeping · Pension consulting$11,357
NFP RETIREMENT, INC. · Investment management$60,000
HOLTHOUSE CARLIN & VAN TRIGT LLP · Accounting / audit$18,200
QUARLES & BRADY LLP · Legal$8,905

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$119,320 · 0.04%
2023$96,067 · 0.04%
2022$55,955 · 0.02%
Same employer
Similar plansEducational Services · California
National University CA$319.3M · 0.10%
Azusa Pacific University CA$313.9M · 0.09%
Chapman University CA$303.8M · 0.03%
University of la Verne CA$266.2M · 0.08%
Claremont McKenna College CA$258.7M · 0.03%
Harvard-Westlake School CA$251.6M · 0.02%
The University of Redlands CA$233.9M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 956042721 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.