Plan Ledger DOL Form 5500 · updated monthly

Clarkson University403(b)

CLARKSON UNIVERSITY PENSION PLAN · POTSDAM, NY · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Clarkson University reported $184,958 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $5,387 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 0.04% to 0.05%. 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 287th-largest of 5,648 plans among New York employers on file, and the 152nd of 3,091 in educational services. In 2024, employees put in $1.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$372,699,227
Participants with balances1,412
Active participants772
Employer contributions$4,158,503
Employee contributions$4,445,481
Employer contribution per active participant$5,387
Average account balance$263,951
Benefits paid to participants$25,090,536
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$372.7M · 1,412 accts · $4.2M emplr
2023$351.2M · 1,430 accts · $4.4M emplr
2022$321.4M · 1,439 accts · $4.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$131,227
Investment management$39,731
Audit (IQPA)$14,000
Total administrative$184,958
Employer contributions to the Clarkson University plan · 2024
Employer contribution per active participant$5,387
Median for plans this size$4,294
2024$5,387 per active participant
2023$5,431 per active participant
2022$6,323 per active participant

Clarkson University's 2024 employer contribution ran above 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 · Recordkeeping · Pension consulting$131,227
FIDUCIENT ADVISORS, LLC · Investment management$39,731
MCSOLEY MCCOY & CO · Accounting / audit$14,000

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$184,958 · 0.05%
2023$176,327 · 0.05%
2022$148,830 · 0.04%
Same employer
Similar plansEducational Services · New York
Touro University NY$458.1M · 0.06%
Barnard College NY$441.2M · 0.06%
Union College NY$407.4M · 0.03%
Skidmore College NY$368.4M · 0.04%
Hamilton College NY$351.8M · 0.05%
St. Lawrence University NY$345.6M · 0.05%
Marist College NY$341.9M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 150543659 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.