Plan Ledger DOL Form 5500 · updated monthly

Caldwell University403(b)

CALDWELL UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN · CALDWELL, NJ · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Caldwell University reported $2,193 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,156 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 0.003% to 0.004%. 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 528th-largest of 2,419 plans among New Jersey employers on file, and the 828th of 3,091 in educational services. In 2024, employees put in $5.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$58,083,500
Participants with balances400
Active participants167
Employer contributions$193,060
Employee contributions$1,095,111
Employer contribution per active participant$1,156
Average account balance$145,209
Benefits paid to participants$3,692,465
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$58.1M · 400 accts · $193K emplr
2023$54.7M · 404 accts · $195K emplr
2022$53.9M · 408 accts · $216K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,193
Total administrative$2,193
Employer contributions to the Caldwell University plan · 2024
Employer contribution per active participant$1,156
Median for plans this size$3,635
2024$1,156 per active participant
2023$1,109 per active participant
2022$1,272 per active participant

Caldwell 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 · 20241

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$2,193 · 0.00%
2023$1,909 · 0.00%
2022$1,476 · 0.00%
Same employer
Similar plansEducational Services · New Jersey
The Hun School of Princeton NJ$62.8M · 0.08%
Rutgers Preparatory School NJ$61.7M · 0.10%
Newark Academy Trustees NJ$60.4M · 0.03%
Bloomfield College NJ$56.3M · 0.11%
Morristown Beard School NJ$51.7M · 0.10%
The Pennington School NJ$47.6M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221500483 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.