Plan Ledger DOL Form 5500 · updated monthly

The University Corporation403(b)

THE UNIVERSITY CORPORATION 403(B) PLAN · NORTHRIDGE, CA · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

The University Corporation reported $29,381 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $631 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 0.14% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 4,410th-largest of 9,483 plans among California employers on file, and 1,819th of 3,091 in educational services. In 2024, employees put in $1.82 for every $1.00 the employer contributed; active participation has grown from 416 to 547 since 2022.

Plan summary
Net assets, end of year$14,863,283
Participants with balances327
Active participants547
Employer contributions$345,208
Employee contributions$628,060
Employer contribution per active participant$631
Average account balance$45,453
Benefits paid to participants$1,512,028
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.9M · 327 accts · $345K emplr
2023$13.8M · 308 accts · $287K emplr
2022$13.4M · 323 accts · $285K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,381
Total administrative$29,381
Employer contributions to the The University Corporation plan · 2024
Employer contribution per active participant$631
Median for plans this size$2,416
2024$631 per active participant
2023$702 per active participant
2022$684 per active participant

The University Corporation's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$29,381
ASCENSUS · Other servicesindirect 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$29,381 · 0.21%
2023$28,170 · 0.21%
2022$17,742 · 0.14%
Similar plansEducational Services · California
Go Kids, Inc. CA$14.2M · 0.12%
Aces 2020, LLC CA$13.9M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951992732 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.