Plan Ledger DOL Form 5500 · updated monthly

The Asia Foundation403(b)

ASIA FOUNDATION DEFINED CONTRIBUTION RETIREMENT PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

The Asia Foundation reported $23,241 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,327 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 3 years on file its reported administrative ratio has held roughly steady near 0.026%. 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 1,063rd-largest of 9,483 plans among California employers on file, and the 569th of 3,091 in educational services. In 2024, the employer put in $1.10 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$93,269,085
Participants with balances467
Active participants157
Employer contributions$1,464,324
Employee contributions$1,334,358
Employer contribution per active participant$9,327
Average account balance$199,720
Benefits paid to participants$5,207,885
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$93.3M · 467 accts · $1.5M emplr
2023$85.2M · 471 accts · $1.5M emplr
2022$74.4M · 473 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$741
Audit (IQPA)$22,500
Total administrative$23,241
Employer contributions to the The Asia Foundation plan · 2024
Employer contribution per active participant$9,327
Median for plans this size$3,635
2024$9,327 per active participant
2023$9,767 per active participant
2022$8,660 per active participant

The Asia Foundation's 2024 employer contribution ran above the $3,635 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 · 20242
TIAA · Recordkeeping · Pension consulting$741
CLARK NUBER PS · Accounting / audit$22,500

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$23,241 · 0.03%
2023$22,784 · 0.03%
2022$20,961 · 0.03%
Same employer
Similar plansEducational Services · California
Samuel Merritt University CA$101.2M · 0.00%
Polytechnic School CA$99.9M · 0.08%
Brentwood School CA$99.8M · 0.15%
La Jolla Country Day School CA$91.8M · 0.12%
Fuller Theological Seminary CA$91.3M · 0.00%
The Head-Royce School CA$89.0M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941191246 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.