Plan Ledger DOL Form 5500 · updated monthly

Elmhurst University403(b)

ELMHURST UNIVERSITY RETIREMENT PLAN · ELMHURST, IL · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Elmhurst University reported $186,104 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $4,668 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 0.09% to 0.14%. 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 452nd-largest of 3,702 plans among Illinois employers on file, and the 407th of 3,091 in educational services. In 2024, employees put in $1.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$135,321,116
Participants with balances1,054
Active participants507
Employer contributions$2,366,507
Employee contributions$2,567,073
Employer contribution per active participant$4,668
Average account balance$128,388
Benefits paid to participants$11,060,392
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$135.3M · 1,054 accts · $2.4M emplr
2023$126.9M · 1,087 accts · $2.1M emplr
2022$114.1M · 1,020 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$85,194
Investment management$59,857
Audit (IQPA)$38,859
Total administrative$186,104
Employer contributions to the Elmhurst University plan · 2024
Employer contribution per active participant$4,668
Median for plans this size$3,635
2024$4,668 per active participant
2023$4,200 per active participant
2022$3,708 per active participant

Elmhurst 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$91,953
PLANPILOT, LLC · Consulting$53,098
GRANT THORNTON LLP · Accounting / audit$38,859

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$186,104 · 0.14%
2023$136,892 · 0.11%
2022$110,364 · 0.09%
Same employer
Similar plansEducational Services · Illinois
National Louis University IL$144.2M · 0.18%
Lake Forest College IL$143.2M · 0.01%
Dominican University IL$141.1M · 0.05%
Illinois Wesleyan University IL$135.4M · 0.05%
Augustana College IL$129.7M · 0.13%
Tcs Education System IL$128.9M · 0.17%
Roosevelt University IL$121.5M · 0.13%
Knox College IL$118.6M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362169145 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.