Plan Ledger DOL Form 5500 · updated monthly

University of la Verne403(b)

UNIVERSITY OF LA VERNE 403(B) RETIREMENT SAVINGS PLAN · LA VERNE, CA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

University of la Verne reported $200,632 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $751 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 0.07% to 0.08%. 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 454th-largest of 9,483 plans among California employers on file, and the 212th of 3,091 in educational services. In 2024, employees put in $1.13 for every $1.00 the employer contributed; active participation has grown from 5,049 to 5,575 since 2022.

Plan summary
Net assets, end of year$266,204,627
Participants with balances1,886
Active participants5,575
Employer contributions$4,184,084
Employee contributions$4,726,513
Employer contribution per active participant$751
Average account balance$141,148
Benefits paid to participants$18,098,224
Plan auditUnmodified (clean) audit opinion
AuditorBAKER TILLEY US, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$266.2M · 1,886 accts · $4.2M emplr
2023$242.6M · 1,868 accts · $4.3M emplr
2022$212.8M · 1,870 accts · $4.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$111,380
Audit (IQPA)$22,050
Total administrative$200,632
Employer contributions to the University of la Verne plan · 2024
Employer contribution per active participant$751
Median for plans this size$4,294
2024$751 per active participant
2023$816 per active participant
2022$937 per active participant

University of la Verne's 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom 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 · 20245
TIAA · Recordkeeping · Pension consulting$27,868
FIDELITY INV. INST. OPS. CO., LLC · Loan processing$82,778
SAGEVIEW ADVISORY GROUP · Investment advisory (plan) · Legal$59,909
MOSS ADAMS · Accounting / audit$22,050
NIXON PEABODY LLP · Legal$7,293

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$200,632 · 0.08%
2023$148,207 · 0.07%
2022$169,273 · 0.07%
Same employer
Similar plansEducational Services · California
Azusa Pacific University CA$313.9M · 0.09%
Chapman University CA$303.8M · 0.03%
Claremont McKenna College CA$258.7M · 0.03%
Harvard-Westlake School CA$251.6M · 0.02%
The University of Redlands CA$233.9M · 0.04%
Harvey Mudd College CA$204.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951644026 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.