Plan Ledger DOL Form 5500 · updated monthly

St. John's College403(b)

ST. JOHN'S COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN · ANNAPOLIS, MD · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

St. John's College reported $69,781 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,244 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 0.03% to 0.05%. 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 130th-largest of 1,671 plans among Maryland employers on file, and the 395th of 3,091 in educational services. In 2024, the employer put in $1.37 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$137,854,221
Participants with balances804
Active participants449
Employer contributions$1,905,672
Employee contributions$1,393,988
Employer contribution per active participant$4,244
Average account balance$171,460
Benefits paid to participants$10,881,377
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$137.9M · 804 accts · $1.9M emplr
2023$130.4M · 816 accts · $1.9M emplr
2022$119.0M · 810 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,906
Investment management$28,125
Audit (IQPA)$13,750
Total administrative$69,781
Employer contributions to the St. John's College plan · 2024
Employer contribution per active participant$4,244
Median for plans this size$3,635
2024$4,244 per active participant
2023$4,136 per active participant
2022$3,569 per active participant

St. John's College's 2024 employer contribution ran above the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
TIAA · Recordkeeping · Pension consulting$27,904
CBIZ INVESTMENT ADVISORY SERVICES · Investment management$28,125
SMITH & HOWARD PC · Accounting / audit$13,750

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$69,781 · 0.05%
2023$49,780 · 0.04%
2022$38,362 · 0.03%
Same employer
Similar plansEducational Services · Maryland
2U, Inc. MD$195.2M · 0.10%
Goucher College MD$154.1M · 0.01%
American Physical Society MD$142.7M · 0.09%
McDaniel College MD$133.1M · 0.11%
Stevenson University, Inc. MD$117.8M · 0.10%
Gilman School MD$108.2M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520591421 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.