Plan Ledger DOL Form 5500 · updated monthly

University of Southern CaliforniaMoney purchase plan

UNIVERSITY OF SOUTHERN CALIFORNIA DEFINED CONTRIBUTION RETIREMENT PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

University of Southern California reported $688,230 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $11,268 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 3 years on file its reported administrative ratio has held roughly steady near 0.01%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other educational services employers. By assets it is the 30th-largest of 9,483 plans among California employers on file, and the 13th of 3,091 in educational services.

Plan summary
Net assets, end of year$5,012,754,206
Participants with balances44,381
Active participants21,620
Employer contributions$243,615,021
Employee contributions—
Employer contribution per active participant$11,268
Average account balance$112,948
Benefits paid to participants$275,833,654
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.0B · 44,381 accts · $243.6M emplr
2023$4.4B · 42,508 accts · $226.6M emplr
2022$3.8B · 40,626 accts · $215.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$312,952
Investment management$218,571
Total administrative$688,230
Employer contributions to the University of Southern California plan · 2024
Employer contribution per active participant$11,268
Median for plans this size$5,259
2024$11,268 per active participant
2023$11,441 per active participant
2022$10,722 per active participant

University of Southern California's 2024 employer contribution ran above the $5,259 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
VANGUARD GROUP INC. · Recordkeeping · Consulting$353,752
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$218,571
FIDELITY INVESTMENTS · Loan processingindirect comp

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$688,230 · 0.01%
2023$626,258 · 0.02%
2022$617,472 · 0.02%
All plans at this employer3
UNIVERSITY OF SOUTHERN CALIFORNIA TAX-DEFERRED ANNUITY PLAN403(b)
UNIVERSITY OF SOUTHERN CALIFORNIA DEFINED CONTRIBUTION RETIREMENT PLANMoney purchase plan
KECK MEDICINE OF USC 401(K) RETIREMENT PLAN401(k)
Same employer
Similar plansEducational Services · California
University of the Pacific CA$839.2M · 0.02%
University of San Diego CA$797.1M · 0.08%
Pepperdine University CA$633.5M · 0.07%
Loyola Marymount University CA$538.0M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951642394 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.