Plan Ledger DOL Form 5500 · updated monthly

Sanford Burnham Prebys Medical Discovery Institute403(b)

SANFORD BURNHAM PREBYS MEDICAL DISCOVERY INSTITUTE TAX DEFERRED ANNUITY PLAN · LA JOLLA, CA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Sanford Burnham Prebys Medical Discovery Institute reported $117,655 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,840 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 0.05% to 0.06%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 535th-largest of 9,483 plans among California employers on file, and the 738th of 11,654 in professional & technical services. In 2024, employees put in $1.07 for every $1.00 the employer contributed; active participation has grown from 388 to 493 since 2022.

Plan summary
Net assets, end of year$218,645,514
Participants with balances1,185
Active participants493
Employer contributions$3,372,244
Employee contributions$3,610,570
Employer contribution per active participant$6,840
Average account balance$184,511
Benefits paid to participants$11,230,759
Plan auditDisclaimer of opinion
AuditorCBIZ CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$218.6M · 1,185 accts · $3.4M emplr
2023$196.4M · 1,217 accts · $3.0M emplr
2022$167.9M · 1,192 accts · $2.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,028
Investment management$56,627
Total administrative$117,655
Employer contributions to the Sanford Burnham Prebys Medical Discovery Institute plan · 2024
Employer contribution per active participant$6,840
Median for plans this size$3,635
2024$6,840 per active participant
2023$6,194 per active participant
2022$7,059 per active participant

Sanford Burnham Prebys Medical Discovery Institute'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
TIAA · Recordkeeping · Pension consulting$64,786
MMA SECURITIES LLC · Investment management$52,869

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$117,655 · 0.06%
2023$48,602 · 0.03%
2022$91,574 · 0.05%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 510197108 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.