Plan Ledger DOL Form 5500 · updated monthly

The Chronicle of Higher Education401(k)

THE CHRONICLE OF HIGHER EDUCATION PROFIT SHARING PLAN · WASHINGTON, DC · plan year 2023

Reported admin expense ratio · 2023
0.03%

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

The Chronicle of Higher Education reported $30,117 in plan administrative expenses for 2023: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,133 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 fell from 0.033% to 0.028%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other manufacturing employers. By assets it is the 96th-largest of 618 plans among District of Columbia employers on file, and the 1,878th of 13,661 in manufacturing. In 2023, employees put in $3.12 for every $1.00 the employer contributed; active participation has shrunk from 179 to 150 since 2022.

Plan summary
Net assets, end of year$102,313,375
Participants with balances318
Active participants150
Employer contributions$619,903
Employee contributions$1,934,977
Employer contribution per active participant$4,133
Average account balance$321,740
Benefits paid to participants$15,853,735
Plan auditUnmodified (clean) audit opinion
AuditorSNYDER COHN, PC
Plan history3
Yearassets · accounts · employer contribution
2024$99.7M · 301 accts · $307K emplr
2023$102.3M · 318 accts · $620K emplr
2022$91.4M · 335 accts · $994K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$30,117
Total administrative$30,117
The The Chronicle of Higher Education 401(k) match · 2023
Employer contribution per active participant$4,133
Median for plans this size$3,659
2024$2,049 per active participant
2023$4,133 per active participant
2022$5,554 per active participant

The Chronicle of Higher Education's 2023 employer contribution ran above the $3,659 median for plans its size. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
T ROWE PRICE RPS INC · Recordkeeping · Trustee$30,117

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$28,631 · 0.03%
2023$30,117 · 0.03%
2022$30,540 · 0.03%
Same employer
Similar plansManufacturing · District of Columbia
Danaher Corporation DC$6.5B · 0.05%
Juul Labs, Inc. DC$149.6M · 0.04%
Supernal, LLC DC$52.4M · 0.18%
Vanda Pharmaceuticals Inc. DC$43.2M · 0.14%
John I. Haas, Inc. DC$32.0M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521131774 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.