Plan Ledger DOL Form 5500 · updated monthly

The Board of Trustees of the Leland Stanford Junior University403(b)

STANFORD CONTRIBUTORY RETIREMENT PLAN · REDWOOD CITY, CA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

The Board of Trustees of the Leland Stanford Junior University reported $1,541,857 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $11,002 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 0.013%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other educational services employers. By assets it is the 13th-largest of 9,483 plans among California employers on file, and the 1st of 3,091 in educational services. In 2024, employees put in $1.43 for every $1.00 the employer contributed; active participation has grown from 21,674 to 24,225 since 2022.

Plan summary
Net assets, end of year$12,568,126,014
Participants with balances41,492
Active participants24,225
Employer contributions$266,523,250
Employee contributions$382,231,602
Employer contribution per active participant$11,002
Average account balance$302,905
Benefits paid to participants$604,297,149
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.6B · 41,492 accts · $266.5M emplr
2023$11.0B · 39,853 accts · $241.9M emplr
2022$9.4B · 37,848 accts · $218.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,541,557
Total administrative$1,541,857
Employer contributions to the The Board of Trustees of the Leland Stanford Junior University plan · 2024
Employer contribution per active participant$11,002
Median for plans this size$5,259
2024$11,002 per active participant
2023$10,632 per active participant
2022$10,066 per active participant

The Board of Trustees of the Leland Stanford Junior University's 2024 employer contribution ran above the $5,259 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
FIDELITY INSTITUTIONAL OPERATIONS C · Loan processing$838,893
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$719,560

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$1,541,857 · 0.01%
2023$1,275,742 · 0.01%
2022$1,401,673 · 0.01%
Same employer
Similar plansEducational Services · California
Duke University NC$11.0B · 0.03%
Yale University CT$8.3B · 0.03%
University of the Pacific CA$839.2M · 0.02%
University of San Diego CA$797.1M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941156365 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.