Pratt Institute 403(b) match, vesting and fees
What Pratt Institute's 403(b) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | TIAA | Schedule C ↗ |
| Independent auditor | Grant Thornton LLP (disclaimer opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 403(b) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 441 defined-contribution plans in educational services with 1,000 to 4,999 participants.
| Pratt Institute: employer contribution per participant | $2,436 | |
| Peer median | $2,130 |
| Pratt Institute: average balance | $145,542 | |
| Peer median | $126,258 |
| Pratt Institute: admin expenses ÷ assets | 0.06% | |
| Peer median | 0.07% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $232M at the end of plan year 2021 to $258M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,802 | $258M | $4.3M | $2,436 | 0.06% | Not published | Form 5500 ↗ |
| 2023 | 1,781 | $235M | $3.9M | $2,231 | 0.07% | Not published | Form 5500 ↗ |
| 2022 | 1,760 | $209M | $3.7M | $2,188 | 0.05% | Not published | Form 5500 ↗ |
| 2021 | 1,712 | $232M | $2.4M | $1,481 | 0.08% | Not published | Form 5500 ↗ |
Common questions
Does Pratt Institute match 401(k) contributions?
The match terms for the Pratt Institute Defined Contribution Retirement Plan have not been published from its filing yet. The plan year 2024 filing reports $4.3M in employer contributions, about $2,436 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Pratt Institute 401(k) match vested?
The vesting schedule for the Pratt Institute Defined Contribution Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Pratt Institute 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is TIAA. The plan administrator is Pratt Institute.
I left Pratt Institute. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Pratt Institute, (718) 636-3600) or the recordkeeper, TIAA. The Pratt Institute old 401(k) page lists the contacts from every plan filing. Find an old Pratt Institute 401(k)
Data from the public Form 5500 annual reports Pratt Institute filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Pratt Institute. Not financial advice. Report a correction · Methodology