Plan Ledger DOL Form 5500 · updated monthly

The Scripps Research InstituteMoney purchase plan

THE SCRIPPS RESEARCH INSTITUTE FACULTY AND MANAGEMENT RETIREMENT PLAN · LA JOLLA, 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 Scripps Research Institute reported $89,415 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $14,836 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 3 years on file its reported administrative ratio has held roughly steady near 0.032%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 402nd-largest of 9,483 plans among California employers on file, and the 557th of 11,654 in professional & technical services. active participation has grown from 544 to 646 since 2022.

Plan summary
Net assets, end of year$304,279,694
Participants with balances934
Active participants646
Employer contributions$9,583,799
Employee contributions$0
Employer contribution per active participant$14,836
Average account balance$325,781
Benefits paid to participants$8,862,763
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$304.3M · 934 accts · $9.6M emplr
2023$259.0M · 925 accts · $9.2M emplr
2022$227.2M · 889 accts · $8.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$89,415
Total administrative$89,415
Employer contributions to the The Scripps Research Institute plan · 2024
Employer contribution per active participant$14,836
Median for plans this size$4,294
2024$14,836 per active participant
2023$14,495 per active participant
2022$16,062 per active participant

The Scripps Research Institute's 2024 employer contribution ran above the $4,294 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 · 20241

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$89,415 · 0.03%
2023$87,261 · 0.04%
2022$87,444 · 0.03%
All plans at this employer3
THE SCRIPPS RESEARCH INSTITUTE TAX SHELTERED ANNUITY PLAN403(b)
THE SCRIPPS RESEARCH INSTITUTE FACULTY AND MANAGEMENT RETIREMENT PLANMoney purchase plan
THE SCRIPPS RESEARCH INSTITUTE EMPLOYEE RETIREMENT PLANProfit-sharing plan
Same employer
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Quest Software Inc. CA$299.5M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330435954 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.