Plan Ledger DOL Form 5500 · updated monthly

Canisius University of Buffalo Ny403(b)

CANISIUS UNIVERSITY RETIREMENT PLAN FOR FACULTY AND STAFF · BUFFALO, NY · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Canisius University of Buffalo Ny reported $104,334 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,421 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 0.038% to 0.042%. 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 393rd-largest of 5,648 plans among New York employers on file, and the 231st of 3,091 in educational services. In 2024, employees put in $2.36 for every $1.00 the employer contributed; active participation has grown from 431 to 579 since 2022.

Plan summary
Net assets, end of year$249,159,169
Participants with balances1,215
Active participants579
Employer contributions$822,932
Employee contributions$1,945,584
Employer contribution per active participant$1,421
Average account balance$205,069
Benefits paid to participants$23,950,961
Plan auditUnmodified (clean) audit opinion
AuditorBONADIO AND COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$249.2M · 1,215 accts · $823K emplr
2023$246.0M · 1,253 accts · $940K emplr
2022$229.5M · 1,289 accts · $940K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,435
Investment management$52,899
Audit (IQPA)$10,000
Total administrative$104,334
Employer contributions to the Canisius University of Buffalo Ny plan · 2024
Employer contribution per active participant$1,421
Median for plans this size$3,635
2024$1,421 per active participant
2023$1,557 per active participant
2022$2,181 per active participant

Canisius University of Buffalo Ny'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
TIAA · Recordkeeping · Pension consulting$41,436
STRATEGIC RETIREMENT PARTNERS · Investment management$52,899
BONADIO AND COMPANY LLP · Accounting / audit$10,000

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$104,334 · 0.04%
2023$96,841 · 0.04%
2022$85,843 · 0.04%
Same employer
Similar plansEducational Services · New York
Pratt Institute NY$258.3M · 0.06%
Siena College NY$257.2M · 0.09%
Horace Mann School NY$252.2M · 0.09%
Teach for America, Inc. NY$223.9M · 0.18%
Le Moyne College NY$222.7M · 0.05%
Sarah Lawrence College NY$213.4M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160743942 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.