Plan Ledger DOL Form 5500 · updated monthly

The University of Texas/Texas A&M Investment Management Company403(b)

UTIMCO 403(B) TAX SHELTERED ANNUITY PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

The University of Texas/Texas A&M Investment Management Company reported $5,640 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $14,641 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 fell from 0.02% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,042nd-largest of 5,688 plans among Texas employers on file, and the 1,642nd of 4,798 in finance & insurance. In 2024, employees put in $1.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$50,796,033
Participants with balances177
Active participants125
Employer contributions$1,830,179
Employee contributions$2,054,578
Employer contribution per active participant$14,641
Average account balance$286,983
Benefits paid to participants$2,611,901
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$50.8M · 177 accts · $1.8M emplr
2023$42.8M · 177 accts · $1.7M emplr
2022$34.9M · 172 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,640
Total administrative$5,640
Employer contributions to the The University of Texas/Texas A&M Investment Management Company plan · 2024
Employer contribution per active participant$14,641
Median for plans this size$2,416
2024$14,641 per active participant
2023$14,018 per active participant
2022$12,822 per active participant

The University of Texas/Texas A&M Investment Management Company's 2024 employer contribution ran above the $2,416 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
NEWPORT GROUP, INC. · Recordkeeping$5,640

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$5,640 · 0.01%
2023$5,242 · 0.01%
2022$5,485 · 0.02%
Same employer
Similar plansFinance & Insurance · Texas
Flatonia Investments, LLC TX$51.6M · 0.23%
Affinipay LLC TX$51.6M · 0.21%
Quantlab Financial, LLC TX$50.8M · 0.01%
Eecu TX$48.3M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742765082 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.