Plan Ledger DOL Form 5500 · updated monthly

Desales University403(b)

DESALES UNIVERSITY RETIREMENT PLAN · CENTER VALLEY, PA · plan year 2022

Reported admin expense ratio · 2022
0.00%

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

Desales University reported $250 in plan administrative expenses for 2022: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,246 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.

The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other educational services employers. By assets it is the 497th-largest of 3,651 plans among Pennsylvania employers on file, and the 561st of 3,091 in educational services. In 2022, employees put in $1.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$94,731,079
Participants with balances875
Active participants479
Employer contributions$2,033,673
Employee contributions$2,054,899
Employer contribution per active participant$4,246
Average account balance$108,264
Benefits paid to participants$5,653,733
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $1.6M emplr
2022$94.7M · 875 accts · $2.0M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$250
Total administrative$250
Employer contributions to the Desales University plan · 2022
Employer contribution per active participant$4,246
Median for plans this size$3,449

Desales University's 2022 employer contribution ran above the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$250 · 0.00%
Same employer
Similar plansEducational Services · Pennsylvania
The Haverford School PA$101.5M · 0.15%
Lycoming College PA$97.6M · 0.18%
Chatham University PA$97.0M · 0.04%
Delaware Valley University PA$93.6M · 0.06%
Misericordia University PA$89.9M · 0.07%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 231653718 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.