Plan Ledger DOL Form 5500 · updated monthly

American University403(b)

AMERICAN UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

American University reported $313,288 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,972 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 0.022% to 0.024%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other educational services employers. By assets it is the 10th-largest of 618 plans among District of Columbia employers on file, and the 39th of 3,091 in educational services. In 2024, employees put in $1.04 for every $1.00 the employer contributed; active participation has grown from 2,668 to 5,612 since 2022.

Plan summary
Net assets, end of year$1,352,129,486
Participants with balances6,676
Active participants5,612
Employer contributions$22,293,446
Employee contributions$23,123,405
Employer contribution per active participant$3,972
Average account balance$202,536
Benefits paid to participants$91,863,895
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.4B · 6,676 accts · $22.3M emplr
2023$1.3B · 8,024 accts · $22.0M emplr
2022$1.1B · 7,717 accts · $20.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$196,792
Investment management$51,615
Total administrative$313,288
Employer contributions to the American University plan · 2024
Employer contribution per active participant$3,972
Median for plans this size$5,259
2024$3,972 per active participant
2023$7,472 per active participant
2022$7,806 per active participant

American University's 2024 employer contribution ran below the $5,259 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 · 20244
CAP FINANCIAL PARTNERS, LLC · Investment advisory (plan)$97,130
FIDELITY INVS INST OPER CO, LLC · Loan processing$67,149
SB & COMPANY, LLC · Accounting / audit$20,680
TIAA-CREF · Investment advisory (plan)$11,403

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

Administrative cost history3
2024$313,288 · 0.02%
2023$289,866 · 0.02%
2022$253,188 · 0.02%
Same employer
Similar plansEducational Services · District of Columbia
Georgetown University DC$2.5B · 0.01%
Depaul University IL$1.5B · 0.02%
Brown University RI$1.5B · 0.01%
St. John's University NY$1.4B · 0.02%
Hofstra University NY$1.3B · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 530196549 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.