Plan Ledger DOL Form 5500 · updated monthly

The Reed College403(b)

REED COLLEGE RETIREMENT PLAN · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

The Reed College reported $238,128 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $6,753 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 0.02% to 0.10%. 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 42nd-largest of 1,021 plans among Oregon employers on file, and the 224th of 3,091 in educational services. In 2024, the employer put in $1.12 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$254,854,134
Participants with balances1,482
Active participants653
Employer contributions$4,409,885
Employee contributions$3,950,169
Employer contribution per active participant$6,753
Average account balance$171,966
Benefits paid to participants$13,180,034
Plan auditDisclaimer of opinion
AuditorINSERO & CO. CPA'S LLP
Plan history3
Yearassets · accounts · employer contribution
2024$254.9M · 1,482 accts · $4.4M emplr
2023$230.7M · 1,471 accts · $4.2M emplr
2022$205.3M · 1,457 accts · $4.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$165,167
Investment management$56,961
Audit (IQPA)$16,000
Total administrative$238,128
Employer contributions to the The Reed College plan · 2024
Employer contribution per active participant$6,753
Median for plans this size$3,635
2024$6,753 per active participant
2023$5,866 per active participant
2022$6,410 per active participant

The Reed College's 2024 employer contribution ran above the $3,635 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 · 20244
TIAA · Recordkeeping · Pension consulting$158,524
MULTNOMAH GROUP, INC. · Investment management$56,961
INSERO & COMPANY CPAS, LLP · Accounting / audit$16,000
NEW PINNACLE CONSULTING GROUP, LLC · Consulting$6,643

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$238,128 · 0.10%
2023$181,155 · 0.08%
2022$44,278 · 0.02%
Same employer
Similar plansEducational Services · Oregon
Lewis & Clark College OR$337.2M · 0.04%
University of Portland OR$280.0M · 0.05%
Pacific University OR$243.3M · 0.11%
Willamette University OR$211.9M · 0.05%
Kindercare Education LLC OR$199.6M · 0.45%
Nwea OR$156.7M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930386908 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.