Plan Ledger DOL Form 5500 · updated monthly

Trustees of Tufts CollegeMoney purchase plan

TUFTS UNIVERSITY BASIC RETIREMENT PLAN · MEDFORD, MA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Trustees of Tufts College reported $456,429 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $7,669 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 0.06% to 0.05%. 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 57th-largest of 2,726 plans among Massachusetts employers on file, and the 49th of 3,091 in educational services.

Plan summary
Net assets, end of year$1,039,998,444
Participants with balances8,242
Active participants5,544
Employer contributions$42,519,545
Employee contributions—
Employer contribution per active participant$7,669
Average account balance$126,183
Benefits paid to participants$64,559,021
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.0B · 8,242 accts · $42.5M emplr
2023$941.8M · 8,458 accts · $40.3M emplr
2022$819.4M · 8,684 accts · $36.9M emplr
Administrative expenses, itemized · 2024
Investment management$456,429
Total administrative$456,429
Employer contributions to the Trustees of Tufts College plan · 2024
Employer contribution per active participant$7,669
Median for plans this size$4,294
2024$7,669 per active participant
2023$6,993 per active participant
2022$6,116 per active participant

Trustees of Tufts College's 2024 employer contribution ran above the $4,294 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 · 20243
HEWITT ENNIS KNUPP · Consulting$74,155
BDO USA P.C. · Accounting / audit$28,200

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$456,429 · 0.05%
2023$429,890 · 0.05%
2022$504,153 · 0.06%
All plans at this employer2
TUFTS UNIVERSITY VOLUNTARY RETIREMENT PLAN403(b)
TUFTS UNIVERSITY BASIC RETIREMENT PLANMoney purchase plan
Same employer
Similar plansEducational Services · Massachusetts
Northeastern University MA$2.6B · 0.01%
Brandeis University MA$923.1M · 0.04%
Wellesley College MA$787.3M · 0.05%
Trustees of Boston College MA$765.2M · 0.01%
Williams College MA$701.3M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042103634 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.