Plan Ledger DOL Form 5500 · updated monthly

Vanderbilt University Medical Center403(b)

VANDERBILT UNIVERSITY MEDICAL CENTER RETIREMENT PLAN · NASHVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Vanderbilt University Medical Center reported $2,672,477 in plan administrative expenses for 2024: 0.06% of average plan assets, above the peer median. Employer contributions averaged $3,023 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 0.07% to 0.06%. 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 6th-largest of 1,496 plans among Tennessee employers on file, and the 14th of 3,091 in educational services. In 2024, employees put in $2.30 for every $1.00 the employer contributed; active participation has grown from 30,220 to 37,327 since 2022.

Plan summary
Net assets, end of year$4,714,470,400
Participants with balances42,302
Active participants37,327
Employer contributions$112,857,221
Employee contributions$260,029,978
Employer contribution per active participant$3,023
Average account balance$111,448
Benefits paid to participants$308,631,877
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.7B · 42,302 accts · $112.9M emplr
2023$4.1B · 38,620 accts · $101.4M emplr
2022$3.4B · 37,206 accts · $214.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$454,273
Investment management$2,218,204
Total administrative$2,672,477
Employer contributions to the Vanderbilt University Medical Center plan · 2024
Employer contribution per active participant$3,023
Median for plans this size$5,259
2024$3,023 per active participant
2023$3,189 per active participant
2022$7,099 per active participant

Vanderbilt University Medical Center's 2024 employer contribution ran below the $5,259 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,512,207
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$1,180,054

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$2,672,477 · 0.06%
2023$2,340,046 · 0.06%
2022$2,446,935 · 0.07%
Same employer
Similar plansEducational Services · Tennessee
New York University NY$5.4B · 0.01%
Northwestern University IL$4.4B · 0.01%
The University of Chicago IL$3.8B · 0.01%
Cornell University NY$3.0B · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352528741 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.