Plan Ledger DOL Form 5500 · updated monthly

The Claremont Colleges Services403(b)

THE CLAREMONT COLLEGES, INC. ACADEMIC RETIREMENT PLAN · CLAREMONT, 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 Claremont Colleges Services reported $19,686 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,522 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 0.04% to 0.03%. 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 1,407th-largest of 9,483 plans among California employers on file, and the 753rd of 3,091 in educational services. In 2024, the employer put in $1.87 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$65,493,339
Participants with balances772
Active participants427
Employer contributions$2,357,869
Employee contributions$1,263,770
Employer contribution per active participant$5,522
Average account balance$84,836
Benefits paid to participants$6,039,462
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$65.5M · 772 accts · $2.4M emplr
2023$60.6M · 771 accts · $2.2M emplr
2022$52.7M · 764 accts · $2.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,686
Total administrative$19,686
Employer contributions to the The Claremont Colleges Services plan · 2024
Employer contribution per active participant$5,522
Median for plans this size$3,635
2024$5,522 per active participant
2023$4,929 per active participant
2022$6,681 per active participant

The Claremont Colleges Services's 2024 employer contribution ran above the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
TIAA · Recordkeeping · Pension consulting$19,686

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$19,686 · 0.03%
2023$16,663 · 0.03%
2022$24,208 · 0.04%
Same employer
Similar plansEducational Services · California
Kipp Bay Area Schools CA$67.3M · 0.41%
Marin Country Day School CA$65.3M · 0.11%
Marlborough School CA$64.3M · 0.07%
Oakwood School CA$63.2M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954786748 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.