Plan Ledger DOL Form 5500 · updated monthly

The Geological Society of America403(b)

THE GEOLOGICAL SOCIETY OF AMERICA RETIREMENT PLAN · BOULDER, CO · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

The Geological Society of America reported $58,834 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $5,317 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 0.33% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 641st-largest of 1,461 plans among Colorado employers on file, and the 513th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,226,574
Participants with balances118
Active participants61
Employer contributions$324,365
Employee contributions$477,813
Employer contribution per active participant$5,317
Average account balance$129,039
Benefits paid to participants$1,559,671
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.2M · 118 accts · $324K emplr
2023$14.2M · 124 accts · $311K emplr
2022$14.3M · 123 accts · $303K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,794
Investment management$27,022
Total administrative$58,834
Employer contributions to the The Geological Society of America plan · 2024
Employer contribution per active participant$5,317
Median for plans this size$2,416
2024$5,317 per active participant
2023$4,318 per active participant
2022$4,596 per active participant

The Geological Society of America's 2024 employer contribution ran above the $2,416 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$31,794
IMA ADVISORY SERVICES, INC. · Investment advisory (plan)$27,022
MORNINGSTAR INVESTMENT MGMT LLC · Investment advisory (participants)indirect comp

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$58,834 · 0.40%
2023$53,868 · 0.38%
2022$51,166 · 0.33%
Similar plansArts, Entertainment & Recreation · Colorado
Denver Art Museum CO$22.6M · 0.01%
USA Swimming, Inc. CO$17.8M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131659623 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.