Plan Ledger DOL Form 5500 · updated monthly

Adelphi University403(b)

ADELPHI UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN · GARDEN CITY, NY · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Adelphi University reported $129,476 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,423 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 rose from 0.00% to 0.03%. 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 231st-largest of 5,648 plans among New York employers on file, and the 117th of 3,091 in educational services. In 2024, employees put in $1.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$473,176,922
Participants with balances2,196
Active participants1,256
Employer contributions$8,067,090
Employee contributions$10,022,291
Employer contribution per active participant$6,423
Average account balance$215,472
Benefits paid to participants$40,089,620
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$473.2M · 2,196 accts · $8.1M emplr
2023$439.2M · 2,150 accts · $7.8M emplr
2022$395.4M · 2,277 accts · $7.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,761
Investment management$41,707
Audit (IQPA)$39,008
Total administrative$129,476
Employer contributions to the Adelphi University plan · 2024
Employer contribution per active participant$6,423
Median for plans this size$4,294
2024$6,423 per active participant
2023$6,385 per active participant
2022$6,057 per active participant

Adelphi 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
TIAA-CREF · Recordkeeping$40,012
GRANT THORNTON, LLP · Accounting / audit$39,008
CAP FINANCIAL PARTNERS, LLC · Investment management$33,899
MERCER (US), INC · Consulting$7,808
FIDELITY INVEST. INST. OPER. CO. · Loan processingindirect comp

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

Recordkeeper by year2
2024TIAA
2023TIAA

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

Administrative cost history3
2024$129,476 · 0.03%
2023$62,310 · 0.01%
2022$8,362 · 0.00%
Same employer
Similar plansEducational Services · New York
Colgate University NY$567.8M · 0.05%
Vassar College NY$550.8M
Touro University NY$458.1M · 0.06%
Barnard College NY$441.2M · 0.06%
Union College NY$407.4M · 0.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 111630741 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.