Plan Ledger DOL Form 5500 · updated monthly

University of Puget Sound403(b)

UNIVERSITY OF PUGET SOUND RETIREMENT SAVINGS PLAN · TACOMA, WA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

University of Puget Sound reported $247,703 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $2,828 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 0.03% to 0.07%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other educational services employers. By assets it is the 67th-largest of 1,714 plans among Washington employers on file, and the 161st of 3,091 in educational services. In 2024, employees put in $1.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$354,056,795
Participants with balances2,039
Active participants923
Employer contributions$2,610,703
Employee contributions$3,704,740
Employer contribution per active participant$2,828
Average account balance$173,642
Benefits paid to participants$27,103,351
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$354.1M · 2,039 accts · $2.6M emplr
2023$335.7M · 2,061 accts · $2.5M emplr
2022$312.2M · 2,093 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$247,703
Total administrative$247,703
Employer contributions to the University of Puget Sound plan · 2024
Employer contribution per active participant$2,828
Median for plans this size$4,294
2024$2,828 per active participant
2023$2,783 per active participant
2022$2,757 per active participant

University of Puget Sound's 2024 employer contribution ran below the $4,294 median for plans its size. 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$165,778
MULTNOMAH GROUP · Investment advisory (plan)$52,980
MOSS ADAMS LLP · Accounting / audit$25,200
NEW PINNACLE CONSULTING GROUP, LLC · Consulting$3,745

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$247,703 · 0.07%
2023$299,358 · 0.09%
2022$76,797 · 0.03%
Same employer
Similar plansEducational Services · Washington
Gonzaga University WA$521.5M · 0.09%
Seattle University WA$478.9M · 0.05%
Pacific Lutheran University WA$240.3M · 0.16%
Seattle Pacific University WA$110.8M · 0.14%
Lakeside School WA$102.8M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910564961 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.