Plan Ledger DOL Form 5500 · updated monthly

College of Mount Saint Vincent403(b)

COLLEGE OF MOUNT SAINT VINCENT DEFINED CONTRIBUTION PLAN · BRONX, NY · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

College of Mount Saint Vincent reported $85,010 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $3,125 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 0.13% to 0.15%. 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 1,222nd-largest of 5,648 plans among New York employers on file, and the 816th of 3,091 in educational services. In 2024, employees put in $1.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$58,844,831
Participants with balances570
Active participants326
Employer contributions$1,018,863
Employee contributions$1,550,804
Employer contribution per active participant$3,125
Average account balance$103,237
Benefits paid to participants$5,465,595
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$58.8M · 570 accts · $1.0M emplr
2023$55.5M · 568 accts · $923K emplr
2022$49.8M · 568 accts · $868K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,760
Investment management$56,250
Total administrative$85,010
Employer contributions to the College of Mount Saint Vincent plan · 2024
Employer contribution per active participant$3,125
Median for plans this size$3,635
2024$3,125 per active participant
2023$2,988 per active participant
2022$2,756 per active participant

College of Mount Saint Vincent'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-TEACHERS INSURANCE & ANNUITY · Recordkeeping · Loan processing$27,880
MUTUAL OF AMERICA LIFE INSURANCE CO · Claims processing · Recordkeeping$880
CAPFINANCIAL PARTNERS, LLC · Investment advisory (plan)$56,250

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

Recordkeeper by year2
2024Mutual of America, TIAA
2023Mutual of America, TIAA

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

Administrative cost history3
2024$85,010 · 0.15%
2023$53,838 · 0.10%
2022$70,977 · 0.13%
Same employer
Similar plansEducational Services · New York
Elmira College NY$62.4M · 0.03%
Little Red School House NY$61.8M · 0.12%
Anderson Center for Autism NY$58.9M · 0.19%
Manhattan School of Music NY$58.8M · 0.24%
Houghton University NY$57.5M · 0.06%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 131740445 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.