The Carnegie Foundation for the Advancement of Teaching403(b)

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

The Carnegie Foundation for the Advancement of Teaching reported $79,380 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $14,619 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 0.17% to 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 1,886th-largest of 9,483 plans among California employers on file, and the 458th of 3,341 in other services. In 2024, the employer put in $1.17 for every $1.00 employees contributed themselves; active participation has shrunk from 59 to 48 since 2022.