Plan Ledger DOL Form 5500 · updated monthly

Segerstom Center for the Arts403(b)

SEGERSTROM CENTER FOR THE ARTS 403(B) RETIREMENT PLAN · COSTA MESA, CA · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Segerstom Center for the Arts reported $44,028 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $635 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 0.13% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 3,404th-largest of 9,483 plans among California employers on file, and the 400th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.95 for every $1.00 the employer contributed; active participation has grown from 633 to 707 since 2022.

Plan summary
Net assets, end of year$21,952,836
Participants with balances245
Active participants707
Employer contributions$449,017
Employee contributions$876,882
Employer contribution per active participant$635
Average account balance$89,603
Benefits paid to participants$3,758,489
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.0M · 245 accts · $449K emplr
2023$21.8M · 245 accts · $414K emplr
2022$19.4M · 231 accts · $302K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,076
Investment management$4,552
Total administrative$44,028
Employer contributions to the Segerstom Center for the Arts plan · 2024
Employer contribution per active participant$635
Median for plans this size$2,416
2024$635 per active participant
2023$623 per active participant
2022$477 per active participant

Segerstom Center for the Arts's 2024 employer contribution ran below the $2,416 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 · 20241
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$3,174

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$44,028 · 0.20%
2023$38,986 · 0.19%
2022$28,612 · 0.13%
Same employer
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Leisure Sports, Inc. CA$20.5M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237287150 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.