Plan Ledger DOL Form 5500 · updated monthly

St. Mary's College403(b)

SAINT MARY'S COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN · NOTRE DAME, IN · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

St. Mary's College reported $48,394 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,607 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 fell from 0.05% to 0.03%. 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 106th-largest of 1,562 plans among Indiana employers on file, and the 377th of 3,091 in educational services. In 2024, the employer put in $1.13 for every $1.00 employees contributed themselves; active participation has grown from 492 to 849 since 2022.

Plan summary
Net assets, end of year$143,706,170
Participants with balances1,266
Active participants849
Employer contributions$2,213,543
Employee contributions$1,955,566
Employer contribution per active participant$2,607
Average account balance$113,512
Benefits paid to participants$10,941,981
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$143.7M · 1,266 accts · $2.2M emplr
2023$135.5M · 1,204 accts · $2.0M emplr
2022$125.7M · 1,163 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,023
Investment management$35,371
Total administrative$48,394
Employer contributions to the St. Mary's College plan · 2024
Employer contribution per active participant$2,607
Median for plans this size$3,635
2024$2,607 per active participant
2023$2,464 per active participant
2022$3,804 per active participant

St. Mary's College's 2024 employer contribution ran below 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 · 20242
TIAA · Recordkeeping · Pension consulting$15,020
PLANPILOT, LLC · Investment management$33,374

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$48,394 · 0.03%
2023$55,679 · 0.04%
2022$65,695 · 0.05%
Same employer
Similar plansEducational Services · Indiana
University of Evansville IN$193.2M · 0.05%
University of Indianapolis IN$172.5M · 0.01%
Wabash College IN$119.2M · 0.11%
Purdue Research Foundation IN$86.9M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 350868158 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.