Plan Ledger DOL Form 5500 · updated monthly

Thomas M Cooley Law School403(b)

THOMAS M COOLEY LAW SCHOOL 403(B) TAX SHELTERED RETIREMENT PLAN · LANSING, MI · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Thomas M Cooley Law School reported $46,515 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $4,915 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 0.08% to 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 422nd-largest of 2,619 plans among Michigan employers on file, and the 757th of 3,091 in educational services. In 2024, employees put in $1.34 for every $1.00 the employer contributed; active participation has shrunk from 136 to 107 since 2022.

Plan summary
Net assets, end of year$65,004,507
Participants with balances320
Active participants107
Employer contributions$525,953
Employee contributions$706,624
Employer contribution per active participant$4,915
Average account balance$203,139
Benefits paid to participants$6,301,473
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$65.0M · 320 accts · $526K emplr
2023$61.9M · 331 accts · $494K emplr
2022$59.8M · 341 accts · $204K emplr
Administrative expenses, itemized · 2024
Investment management$46,515
Total administrative$46,515
Employer contributions to the Thomas M Cooley Law School plan · 2024
Employer contribution per active participant$4,915
Median for plans this size$3,635
2024$4,915 per active participant
2023$4,188 per active participant
2022$1,501 per active participant

Thomas M Cooley Law School's 2024 employer contribution ran above the $3,635 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
EQUITABLE FINANCIAL LIFE INSURANCE · Investment management · Trustee (directed)indirect comp
TIAA$20,628
VANGUARD$1,420

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$46,515 · 0.07%
2023$47,854 · 0.08%
2022$56,060 · 0.08%
Same employer
Similar plansEducational Services · Michigan
La Petite Academy, Inc. MI$101.2M · 0.42%
Spring Arbor University MI$60.8M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381988915 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.