Plan Ledger DOL Form 5500 · updated monthly

Dillard University403(b)

DILLARD UNIVERSITY 403(B) DC PLAN · NEW ORLEANS, LA · plan year 2023

Reported admin expense ratio · 2023
0.03%

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

Dillard University reported $4,577 in plan administrative expenses for 2023: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $974 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 1 year on file its reported administrative ratio rose from 0.01% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other educational services employers. By assets it is the 288th-largest of 884 plans among Louisiana employers on file, and 1,692nd of 3,091 in educational services. In 2023, employees put in $1.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,560,385
Participants with balances344
Active participants314
Employer contributions$305,774
Employee contributions$595,691
Employer contribution per active participant$974
Average account balance$51,048
Benefits paid to participants$1,243,493
Plan auditUnmodified (clean) audit opinion
AuditorSEAN M. BRUNO, CPA
Plan history2
Yearassets · accounts · employer contribution
2023$17.6M · 344 accts · $306K emplr
2022$15.7M · 342 accts · $317K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$4,421
Investment management$156
Total administrative$4,577
Employer contributions to the Dillard University plan · 2023
Employer contribution per active participant$974
Median for plans this size$2,440
2023$974 per active participant
2022$1,024 per active participant

Dillard University's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
TIAA · Recordkeeping · Pension consulting$4,577

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

Administrative cost history2
2023$4,577 · 0.03%
2022$1,855 · 0.01%
Same employer
Similar plansEducational Services · Louisiana
Isidore Newman School LA$33.2M · 0.08%
Crescent City Schools LA$16.2M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720408929 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.