Plan Ledger DOL Form 5500 · updated monthly

Benedictine University403(b)

BENEDICTINE UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN · LISLE, IL · plan year 2024

Reported admin expense ratio · 2024
0.15%

Benedictine University reported $147,327 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. 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 0.15%. 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 569th-largest of 3,702 plans among Illinois employers on file, and the 526th of 3,091 in educational services. active participation has shrunk from 471 to 379 since 2022.

Plan summary
Net assets, end of year$100,727,439
Participants with balances926
Active participants379
Employer contributions—
Employee contributions$1,271,151
Employer contribution per active participant—
Average account balance$108,777
Benefits paid to participants$9,830,419
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$100.7M · 926 accts
2023$99.0M · 972 accts
2022$96.9M · 1,008 accts · $63 emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,827
Investment management$75,000
Audit (IQPA)$17,500
Total administrative$147,327
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
TIAA · Recordkeeping · Pension consulting$54,827
CREATIVE PLANNING · Investment management$60,000
CROWE LLP · Accounting / audit$17,500
MESIROW FINANCIAL · Investment management$15,000

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$147,327 · 0.15%
2023$102,273 · 0.10%
2022$74,664 · 0.07%
Same employer
Similar plansEducational Services · Illinois
Aurora University IL$117.9M · 0.12%
Latin School of Chicago IL$111.3M · 0.01%
Olivet Nazarene University IL$102.2M · 0.08%
Francis W. Parker School IL$86.0M · 0.05%
McKendree University IL$62.5M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362722198 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.