Plan Ledger DOL Form 5500 · updated monthly

Capital University403(b)

CAPITAL UNIVERSITY 403(B) RETIREMENT PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Capital University reported $130,974 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $2,428 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 0.07% to 0.08%. 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 239th-largest of 3,295 plans among Ohio employers on file, and the 320th of 3,091 in educational services. In 2024, employees put in $1.95 for every $1.00 the employer contributed; active participation has shrunk from 451 to 397 since 2022.

Plan summary
Net assets, end of year$174,876,634
Participants with balances1,274
Active participants397
Employer contributions$964,044
Employee contributions$1,875,553
Employer contribution per active participant$2,428
Average account balance$137,266
Benefits paid to participants$14,029,213
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$174.9M · 1,274 accts · $964K emplr
2023$167.6M · 1,371 accts · $1.6M emplr
2022$155.2M · 1,333 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,791
Investment management$72,068
Audit (IQPA)$16,500
Total administrative$130,974
Employer contributions to the Capital University plan · 2024
Employer contribution per active participant$2,428
Median for plans this size$3,635
2024$2,428 per active participant
2023$3,364 per active participant
2022$4,123 per active participant

Capital University's 2024 employer contribution ran below the $3,635 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 · Recordkeeping · Pension consulting$46,812
HIGHLAND CONSULTING · Investment management$66,047
SCHNEIDER DOWNS & CO., INC. · Accounting / audit$16,500

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$130,974 · 0.08%
2023$118,068 · 0.07%
2022$112,745 · 0.07%
Same employer
Similar plansEducational Services · Ohio
Baldwin Wallace University OH$229.5M · 0.07%
John Carroll University OH$206.6M · 0.14%
Ohio Wesleyan University OH$194.3M · 0.03%
Antioch University OH$182.0M · 0.12%
Wittenberg University OH$151.8M · 0.06%
Otterbein University OH$136.3M · 0.12%
Franklin University OH$114.3M · 0.20%
Cedarville University OH$111.0M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 314379435 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.