Plan Ledger DOL Form 5500 · updated monthly

Texas Children's403(b)

THE TAX SHELTERED ANNUITY PLAN OF TEXAS CHILDREN'S HOSPITAL · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Texas Children's reported $1,183,187 in plan administrative expenses for 2024: 0.06% of average plan assets, above the peer median. Employer contributions averaged $2,210 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 over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 64th-largest of 5,688 plans among Texas employers on file, and the 83rd of 11,911 in health care & social assistance. In 2024, employees put in $3.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,141,432,097
Participants with balances18,510
Active participants15,602
Employer contributions$34,487,775
Employee contributions$125,770,103
Employer contribution per active participant$2,210
Average account balance$115,691
Benefits paid to participants$142,308,110
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.1B · 18,510 accts · $34.5M emplr
2023$1.8B · 18,163 accts · $32.5M emplr
2022$1.5B · 16,973 accts · $29.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$733,953
Investment management$426,904
Audit (IQPA)$22,330
Total administrative$1,183,187
Employer contributions to the Texas Children's plan · 2024
Employer contribution per active participant$2,210
Median for plans this size$5,259
2024$2,210 per active participant
2023$1,916 per active participant
2022$1,926 per active participant

Texas Children's's 2024 employer contribution ran below the $5,259 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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$737,937
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$335,779
AON INVESTMENTS USA INC. · Investment advisory (plan)$91,125
MCCONNELL & JONES LLP · Accounting / audit$22,330

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$1,183,187 · 0.06%
2023$950,269 · 0.06%
2022$818,800 · 0.05%
Similar plansHealth Care & Social Assistance · Texas
Texas Health Resources TX$3.3B · 0.07%
The Methodist Hospital TX$3.0B · 0.06%
The Methodist Hospital TX$2.0B · 0.08%
Steward Health Care TX$1.8B · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760461578 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.