Plan Ledger DOL Form 5500 · updated monthly

William Marsh Rice UniversityMoney purchase plan

WILLIAM MARSH RICE UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

William Marsh Rice University reported $199,489 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,059 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 0.03% to 0.02%. 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 126th-largest of 5,688 plans among Texas employers on file, and the 53rd of 3,091 in educational services.

Plan summary
Net assets, end of year$929,563,361
Participants with balances9,265
Active participants6,816
Employer contributions$34,479,187
Employee contributions—
Employer contribution per active participant$5,059
Average account balance$100,331
Benefits paid to participants$40,760,877
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$929.6M · 9,265 accts · $34.5M emplr
2023$831.3M · 9,083 accts · $32.1M emplr
2022$718.2M · 8,574 accts · $27.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$167,647
Investment management$31,842
Total administrative$199,489
Employer contributions to the William Marsh Rice University plan · 2024
Employer contribution per active participant$5,059
Median for plans this size$4,294
2024$5,059 per active participant
2023$4,722 per active participant
2022$4,077 per active participant

William Marsh Rice University's 2024 employer contribution ran above the $4,294 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 · 20245
FIDELITY INVESTMENTS · Recordkeeping$34,467
TIAA · Contract administrator · Recordkeeping$23,289
CAPFINANCIAL PARTNERS LLC · Investment management$71,250
FIDELITY INVESTMENTS · Consulting$48,569
FORVIS MAZARS, LLP · Accounting / audit$21,000

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

Recordkeeper by year2
2024Fidelity, TIAA
2023Fidelity, TIAA

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

Administrative cost history3
2024$199,489 · 0.02%
2023$283,847 · 0.04%
2022$216,656 · 0.03%
All plans at this employer2
WILLIAM MARSH RICE UNIVERSITY SUPPLEMENTAL 403(B) PLAN403(b)
WILLIAM MARSH RICE UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLANMoney purchase plan
Same employer
Similar plansEducational Services · Texas
Trinity University TX$376.0M · 0.06%
Cambium Learning Group, Inc. TX$302.0M · 0.06%
St. Mary's University TX$192.2M · 0.14%
Abilene Christian University TX$163.6M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741109620 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.