Plan Ledger DOL Form 5500 · updated monthly

Dominican University403(b)

DOMINICAN UNIVERSITY RETIREMENT PLAN · RIVER FOREST, IL · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Dominican University reported $63,423 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,476 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 0.03% to 0.05%. 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 426th-largest of 3,702 plans among Illinois employers on file, and the 385th of 3,091 in educational services. In 2024, employees put in $1.52 for every $1.00 the employer contributed; active participation has grown from 400 to 445 since 2022.

Plan summary
Net assets, end of year$141,110,858
Participants with balances872
Active participants445
Employer contributions$1,991,903
Employee contributions$3,022,043
Employer contribution per active participant$4,476
Average account balance$161,824
Benefits paid to participants$11,163,523
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$141.1M · 872 accts · $2.0M emplr
2023$131.8M · 851 accts · $1.9M emplr
2022$116.1M · 810 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,723
Investment management$30,000
Audit (IQPA)$8,700
Total administrative$63,423
Employer contributions to the Dominican University plan · 2024
Employer contribution per active participant$4,476
Median for plans this size$3,635
2024$4,476 per active participant
2023$4,461 per active participant
2022$4,654 per active participant

Dominican University's 2024 employer contribution ran above 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$24,723
PLAN PILOT, LLC · Investment advisory (plan) · Investment management$30,000
FORVIS MAZARS, LLP · Accounting / audit$8,700

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$63,423 · 0.05%
2023$45,200 · 0.04%
2022$38,825 · 0.03%
Same employer
Similar plansEducational Services · Illinois
North Central College IL$179.5M · 0.04%
National Louis University IL$144.2M · 0.18%
Lake Forest College IL$143.2M · 0.01%
Illinois Wesleyan University IL$135.4M · 0.05%
Elmhurst University IL$135.3M · 0.14%
Augustana College IL$129.7M · 0.13%
Tcs Education System IL$128.9M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362167855 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.