Plan Ledger DOL Form 5500 · updated monthly

Bradley University403(b)

BRADLEY UNIVERSITY DEFINED CONTRIBUTION PLAN · PEORIA, IL · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Bradley University reported $201,397 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $4,134 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 0.01% to 0.06%. 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 205th-largest of 3,702 plans among Illinois employers on file, and the 155th of 3,091 in educational services. In 2024, employees put in $1.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$365,729,739
Participants with balances2,167
Active participants824
Employer contributions$3,406,825
Employee contributions$4,350,824
Employer contribution per active participant$4,134
Average account balance$168,772
Benefits paid to participants$30,257,391
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$365.7M · 2,167 accts · $3.4M emplr
2023$347.6M · 2,229 accts · $3.5M emplr
2022$317.6M · 2,353 accts · $3.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$201,285
Investment management$112
Total administrative$201,397
Employer contributions to the Bradley University plan · 2024
Employer contribution per active participant$4,134
Median for plans this size$4,294
2024$4,134 per active participant
2023$4,267 per active participant
2022$3,857 per active participant

Bradley University's 2024 employer contribution ran below 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 · 20243
TIAA$133,201
PLAN PILOT LLC$48,310
CLIFTON LARSON ALLEN$20,825

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$201,397 · 0.06%
2023$115,399 · 0.03%
2022$50,237 · 0.01%
Same employer
Similar plansEducational Services · Illinois
Midwestern University IL$507.7M · 0.03%
Wheaton College IL$260.1M · 0.03%
Columbia College Chicago IL$233.0M · 0.06%
Devry University, Inc. IL$219.4M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 370661494 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.