Plan Ledger DOL Form 5500 · updated monthly

The Trust for Public Land403(b)

THE TRUST FOR PUBLIC LAND TAX-DEFERRED RETIREMENT PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

The Trust for Public Land reported $77,961 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $6,879 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 0.088%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 1,047th-largest of 9,483 plans among California employers on file, and the 214th of 3,341 in other services. In 2024, employees put in $1.68 for every $1.00 the employer contributed; active participation has grown from 343 to 383 since 2022.

Plan summary
Net assets, end of year$95,395,902
Participants with balances640
Active participants383
Employer contributions$2,634,781
Employee contributions$4,424,021
Employer contribution per active participant$6,879
Average account balance$149,056
Benefits paid to participants$4,927,189
Plan auditUnmodified (clean) audit opinion
AuditorBPM, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$95.4M · 640 accts · $2.6M emplr
2023$81.2M · 657 accts · $2.4M emplr
2022$68.9M · 605 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,503
Trustee / custodial$26,458
Total administrative$77,961
Employer contributions to the The Trust for Public Land plan · 2024
Employer contribution per active participant$6,879
Median for plans this size$3,635
2024$6,879 per active participant
2023$6,492 per active participant
2022$5,220 per active participant

The Trust for Public Land'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 · 20242
NEWPORT GROUP, INC. · Claims processing · Recordkeeping$51,503
NEWPORT TRUST COMPANY · Trustee · Trustee (discretionary)$26,458

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$77,961 · 0.09%
2023$69,481 · 0.09%
2022$67,026 · 0.09%
Similar plansOther Services · California
Fulgent Therapeutics LLC CA$108.9M · 0.10%
24 Hour Fitness USA, LLC CA$86.5M · 0.31%
Jtb Americas, LTD. CA$83.5M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237222333 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.