Plan Ledger DOL Form 5500 · updated monthly

Bellevue University403(b)

BELLEVUE UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN · BELLEVUE, NE · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Bellevue University reported $79,225 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $1,602 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 fell from 0.16% to 0.09%. 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 71st-largest of 565 plans among Nebraska employers on file, and the 576th of 3,091 in educational services. In 2024, employees put in $1.62 for every $1.00 the employer contributed; active participation has shrunk from 2,845 to 1,357 since 2022.

Plan summary
Net assets, end of year$91,017,768
Participants with balances1,422
Active participants1,357
Employer contributions$2,173,376
Employee contributions$3,531,323
Employer contribution per active participant$1,602
Average account balance$64,007
Benefits paid to participants$5,542,897
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$91.0M · 1,422 accts · $2.2M emplr
2023$80.2M · 1,362 accts · $2.0M emplr
2022$66.8M · 1,218 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$79,225
Total administrative$79,225
Employer contributions to the Bellevue University plan · 2024
Employer contribution per active participant$1,602
Median for plans this size$3,635
2024$1,602 per active participant
2023$1,463 per active participant
2022$745 per active participant

Bellevue University's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$184,559
ASCENSUS HOLDINGS, INC. · Other services$350
SILVERSTONE ASSET MANAGEMENT INC · Investment advisory (plan)indirect comp

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$79,225 · 0.09%
2023$84,777 · 0.12%
2022$121,727 · 0.16%
Same employer
Similar plansEducational Services · Nebraska
Creighton University NE$684.0M · 0.07%
Father Flanagan's Boys' Home NE$383.5M · 0.13%
Doane University NE$47.7M · 0.21%
Midland University NE$21.9M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470491571 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.