Worcester Polytechnic Institute 403(b) match, vesting and fees
What Worcester Polytechnic 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 | Bdmp Assurance, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 403(b) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 441 defined-contribution plans in educational services with 1,000 to 4,999 participants.
| Worcester Polytechnic Institute: employer contribution per participant | $3,921 | |
| Peer median | $2,130 |
| Worcester Polytechnic Institute: average balance | $236,533 | |
| Peer median | $126,258 |
| Worcester Polytechnic Institute: admin expenses ÷ assets | 0.03% | |
| 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 $643M at the end of plan year 2021 to $687M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 2,981 | $687M | $11.4M | $3,921 | 0.03% | Not published | Form 5500 ↗ |
| 2023 | 2,812 | $627M | $10.9M | $4,406 | 0.03% | Not published | Form 5500 ↗ |
| 2022 | 2,845 | $557M | $10.2M | $3,705 | 0.03% | Not published | Form 5500 ↗ |
| 2021 | 2,570 | $643M | $9M | $3,517 | 0.01% | Not published | Form 5500 ↗ |
Common questions
Does Worcester Polytechnic Institute match 401(k) contributions?
The match terms for the Worcester Polytechnic Institute Defined Contribution Plan have not been published from its filing yet. The plan year 2024 filing reports $11.4M in employer contributions, about $3,921 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Worcester Polytechnic Institute 401(k) match vested?
The vesting schedule for the Worcester Polytechnic Institute Defined Contribution Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Worcester Polytechnic Institute 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is TIAA. The plan administrator is Worcester Polytechnic Institute.
I left Worcester Polytechnic Institute. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Worcester Polytechnic Institute, (508) 831-5276) or the recordkeeper, TIAA. The Worcester Polytechnic Institute old 401(k) page lists the contacts from every plan filing. Find an old Worcester Polytechnic Institute 401(k)
Data from the public Form 5500 annual reports Worcester Polytechnic 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 Worcester Polytechnic Institute. Not financial advice. Report a correction · Methodology