Plan Ledger DOL Form 5500 · updated monthly

Woods Hole Oceanographic Institution403(b)

WOODS HOLE OCEANOGRAPHIC INSTITUTION DEFINED CONTRIBUTION RETIREMENT PLAN · WOODS HOLE, MA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Woods Hole Oceanographic Institution reported $103,919 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,490 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 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 201st-largest of 2,726 plans among Massachusetts employers on file, and the 622nd of 11,654 in professional & technical services. In 2024, employees put in $1.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$268,594,858
Participants with balances1,453
Active participants1,466
Employer contributions$10,980,132
Employee contributions$11,627,596
Employer contribution per active participant$7,490
Average account balance$184,855
Benefits paid to participants$12,264,535
Plan auditUnmodified (clean) audit opinion
AuditorCBIZ CPS'S PC
Plan history3
Yearassets · accounts · employer contribution
2024$268.6M · 1,453 accts · $11.0M emplr
2023$229.6M · 1,335 accts · $10.5M emplr
2022$196.1M · 1,220 accts · $8.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$101,209
Investment management$1,910
Total administrative$103,919
Employer contributions to the Woods Hole Oceanographic Institution plan · 2024
Employer contribution per active participant$7,490
Median for plans this size$3,635
2024$7,490 per active participant
2023$7,592 per active participant
2022$6,506 per active participant

Woods Hole Oceanographic Institution's 2024 employer contribution ran above the $3,635 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
EMPOWER ANNUITY INSURANCE COMPANY · Recordkeeping · Loan processing$114,037
CHARLES SCHWAB & CO., INC. · Investment advisory (participants) · Securities brokerage$1,123
QDRO CONSULTANTS COMPANY, LLC · Consulting$800

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

Recordkeeper by year2
2024Empower
2023Empower

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

Administrative cost history3
2024$103,919 · 0.04%
2023$111,504 · 0.05%
2022$139,018 · 0.07%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 042105850 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.