Plan Ledger DOL Form 5500 · updated monthly

Aurora University403(b)

AURORA UNIVERSITY RETIREMENT PLAN · AURORA, IL · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Aurora University reported $142,337 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $4,014 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 0.07% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 499th-largest of 3,702 plans among Illinois employers on file, and the 460th of 3,091 in educational services. In 2024, employees put in $1.32 for every $1.00 the employer contributed; active participation has shrunk from 509 to 426 since 2022.

Plan summary
Net assets, end of year$117,948,007
Participants with balances1,175
Active participants426
Employer contributions$1,709,866
Employee contributions$2,249,433
Employer contribution per active participant$4,014
Average account balance$100,381
Benefits paid to participants$10,111,333
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$117.9M · 1,175 accts · $1.7M emplr
2023$111.4M · 1,270 accts · $1.7M emplr
2022$102.6M · 1,290 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$90,769
Investment management$39,068
Audit (IQPA)$12,500
Total administrative$142,337
Employer contributions to the Aurora University plan · 2024
Employer contribution per active participant$4,014
Median for plans this size$3,635
2024$4,014 per active participant
2023$3,536 per active participant
2022$3,459 per active participant

Aurora University's 2024 employer contribution ran above the $3,635 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 · 20243
TIAA · Recordkeeping · Pension consulting$90,769
PLANPILOT, LLC · Consulting$39,068
FORVIS MAZARS LLP · Accounting / audit$12,500

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$142,337 · 0.12%
2023$126,590 · 0.12%
2022$77,418 · 0.07%
Same employer
Similar plansEducational Services · Illinois
Tcs Education System IL$128.9M · 0.17%
Roosevelt University IL$121.5M · 0.13%
Knox College IL$118.6M · 0.10%
Latin School of Chicago IL$111.3M · 0.01%
Olivet Nazarene University IL$102.2M · 0.08%
Benedictine University IL$100.7M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362166964 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.