Plan Ledger DOL Form 5500 · updated monthly

San Jose State University Research Foundation403(b)

SJSU RESEARCH FOUNDATION RETIREMENT PLAN · SAN JOSE, CA · plan year 2025

Reported admin expense ratio · 2025
0.06%

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

San Jose State University Research Foundation reported $81,501 in plan administrative expenses for 2025: 0.06% of average plan assets, below the peer median. Employer contributions averaged $6,272 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 3 years on file its reported administrative ratio rose from 0.05% to 0.06%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other educational services employers. By assets it is the 767th-largest of 9,483 plans among California employers on file, and the 399th of 3,091 in educational services. In 2025, employees put in $1.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$136,749,330
Participants with balances796
Active participants227
Employer contributions$1,423,642
Employee contributions$1,561,737
Employer contribution per active participant$6,272
Average account balance$171,796
Benefits paid to participants$7,934,244
Plan auditDisclaimer of opinion
AuditorWINDES
Plan history4
Yearassets · accounts · employer contribution
2025$136.7M · 796 accts · $1.4M emplr
2024$124.5M · 802 accts · $1.4M emplr
2023$110.5M · 805 accts · $1.3M emplr
2022$95.3M · 805 accts · $1.1M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$75,717
Investment management$5,784
Total administrative$81,501
Employer contributions to the San Jose State University Research Foundation plan · 2025
Employer contribution per active participant$6,272
Median for plans this size$4,093
2025$6,272 per active participant
2024$6,206 per active participant
2023$5,450 per active participant
2022$4,524 per active participant

San Jose State University Research Foundation's 2025 employer contribution ran above the $4,093 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
TIAA · Recordkeeping · Pension consulting$81,501

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year3
2025TIAA
2024TIAA
2023TIAA

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$81,501 · 0.06%
2024$97,829 · 0.08%
2023$90,649 · 0.09%
2022$51,346 · 0.05%
Same employer
Similar plansEducational Services · California
Whittier College CA$145.2M · 0.10%
Ixl Learning, Inc. CA$142.1M · 0.09%
Scripps College CA$139.1M · 0.03%
Chegg, Inc CA$138.3M · 0.00%
Mills College CA$118.8M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 946017638 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.