Plan Ledger DOL Form 5500 · updated monthly

Trustees of Hampshire College403(b)

HAMPSHIRE COLLEGE 403(B) RETIREMENT PLAN · AMHERST, MA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Trustees of Hampshire College reported $88,823 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,288 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 0.04% to 0.06%. 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 312th-largest of 2,726 plans among Massachusetts employers on file, and the 342nd of 3,091 in educational services. In 2024, employees put in $2.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$160,514,073
Participants with balances1,123
Active participants258
Employer contributions$590,187
Employee contributions$1,428,302
Employer contribution per active participant$2,288
Average account balance$142,933
Benefits paid to participants$11,953,114
Plan auditDisclaimer of opinion
AuditorMP P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$160.5M · 1,123 accts · $590K emplr
2023$153.6M · 1,124 accts · $1.1M emplr
2022$141.8M · 1,088 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$88,823
Total administrative$88,823
Employer contributions to the Trustees of Hampshire College plan · 2024
Employer contribution per active participant$2,288
Median for plans this size$3,635
2024$2,288 per active participant
2023$4,045 per active participant
2022$4,223 per active participant

Trustees of Hampshire College's 2024 employer contribution ran below 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 · 20242
TIAA · Recordkeeping$69,648
MP P.C. · Accounting / audit$19,550

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$88,823 · 0.06%
2023$84,296 · 0.06%
2022$56,804 · 0.04%
Same employer
Similar plansEducational Services · Massachusetts
Wheaton College MA$213.5M · 0.08%
Lesley University MA$196.0M · 0.09%
Merrimack College MA$184.6M · 0.06%
Milton Academy MA$155.8M · 0.09%
McPhs University MA$150.2M · 0.06%
Assumption University MA$146.2M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 046130872 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.