Plan Ledger DOL Form 5500 · updated monthly

Trustees of the Hamline University of Minnesota403(b)

HAMLINE UNIVERSITY 403(B) RETIREMENT PLAN · ST. PAUL, MN · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Trustees of the Hamline University of Minnesota reported $119,652 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $3,532 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 0.06% 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 188th-largest of 1,918 plans among Minnesota employers on file, and the 331st of 3,091 in educational services. In 2024, employees put in $1.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$167,256,469
Participants with balances1,419
Active participants438
Employer contributions$1,547,000
Employee contributions$1,906,801
Employer contribution per active participant$3,532
Average account balance$117,869
Benefits paid to participants$13,646,997
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$167.3M · 1,419 accts · $1.5M emplr
2023$159.5M · 1,415 accts · $1.4M emplr
2022$147.1M · 1,408 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$80,911
Investment management$33,141
Audit (IQPA)$5,600
Total administrative$119,652
Employer contributions to the Trustees of the Hamline University of Minnesota plan · 2024
Employer contribution per active participant$3,532
Median for plans this size$3,635
2024$3,532 per active participant
2023$3,362 per active participant
2022$3,258 per active participant

Trustees of the Hamline University of Minnesota'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 · 20243
TIAA · Recordkeeping · Pension consulting$80,911
PLANPILOT, LLC · Consulting · Investment management$33,141
CLIFTONLARSONALLEN LLP · Accounting / audit$5,600

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024TIAA
2023TIAA

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$119,652 · 0.07%
2023$119,056 · 0.08%
2022$98,434 · 0.06%
Same employer
Similar plansEducational Services · Minnesota
Macalester College MN$273.1M · 0.08%
Concordia College MN$194.2M · 0.09%
Ecmc Group, Inc. MN$190.2M · 0.06%
St. Catherine University MN$178.2M · 0.01%
Augsburg University MN$149.4M · 0.01%
The Blake School MN$127.5M · 0.11%
Edmentum MN$115.4M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410693960 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.