Plan Ledger DOL Form 5500 · updated monthly

Cairn University403(b)

CAIRN UNIVERSITY 403(B) PLAN · LANGHORNE, PA · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Cairn University reported $93,536 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $587 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 0.42% to 0.47%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 1,505th-largest of 3,651 plans among Pennsylvania employers on file, and 1,570th of 3,091 in educational services. In 2024, employees put in $2.63 for every $1.00 the employer contributed; active participation has shrunk from 451 to 324 since 2022.

Plan summary
Net assets, end of year$20,771,445
Participants with balances206
Active participants324
Employer contributions$190,256
Employee contributions$500,062
Employer contribution per active participant$587
Average account balance$100,832
Benefits paid to participants$1,274,034
Plan auditUnmodified (clean) audit opinion
AuditorTAIT WELLER & BAKER LLP
Plan history3
Yearassets · accounts · employer contribution
2024$20.8M · 206 accts · $190K emplr
2023$19.1M · 425 accts · $215K emplr
2022$17.1M · 391 accts · $209K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,496
Investment management$39,973
Audit (IQPA)$8,067
Total administrative$93,536
Employer contributions to the Cairn University plan · 2024
Employer contribution per active participant$587
Median for plans this size$2,416
2024$587 per active participant
2023$564 per active participant
2022$463 per active participant

Cairn University's 2024 employer contribution ran below the $2,416 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$45,496
RETIREMENT PLAN ADVISORS, LLC · Investment advisory (plan)$39,973
RETIREMENT PLAN ADVISORS, LLC · Accounting / audit$8,067

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

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$93,536 · 0.47%
2023$79,096 · 0.44%
2022$80,870 · 0.42%
Similar plansEducational Services · Pennsylvania
Propel Schools PA$22.9M · 0.13%
Surgent McCoy Cpe, LLC PA$22.5M · 0.08%
Harcum College PA$20.9M · 0.13%
The Philadelphia School PA$20.8M · 0.43%
Lancaster Bible College PA$17.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 230973290 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.