Plan Ledger DOL Form 5500 · updated monthly

Swarthmore College403(b)

SWARTHMORE COLLEGE REGULAR RETIREMENT PLAN · SWARTHMORE, PA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Swarthmore College reported $83,900 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,598 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 0.01% to 0.02%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other educational services employers. By assets it is the 165th-largest of 3,651 plans among Pennsylvania employers on file, and the 120th of 3,091 in educational services. In 2024, the employer put in $1.19 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$462,495,367
Participants with balances2,133
Active participants1,171
Employer contributions$8,897,192
Employee contributions$7,462,390
Employer contribution per active participant$7,598
Average account balance$216,829
Benefits paid to participants$27,533,437
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$462.5M · 2,133 accts · $8.9M emplr
2023$424.9M · 2,138 accts · $8.2M emplr
2022$385.1M · 2,088 accts · $7.1M emplr
Administrative expenses, itemized · 2024
Investment management$52,500
Total administrative$83,900
Employer contributions to the Swarthmore College plan · 2024
Employer contribution per active participant$7,598
Median for plans this size$4,294
2024$7,598 per active participant
2023$6,876 per active participant
2022$6,494 per active participant

Swarthmore College's 2024 employer contribution ran above the $4,294 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 · 20243
MMA SECURITIES · Loan processing$52,500
TORRILLO AND ASSOCIATES · Accounting / audit$25,700
THE VANGUARD GROUP · Loan processing$5,375

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$83,900 · 0.02%
2023$84,544 · 0.02%
2022$58,771 · 0.01%
Same employer
Similar plansEducational Services · Pennsylvania
Saint Joseph's University PA$553.5M · 0.06%
Lafayette College PA$479.4M · 0.05%
Widener University PA$424.8M · 0.02%
Bryn Mawr College PA$329.3M · 0.07%
Haverford College PA$260.0M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231352683 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.