Faculty Student Assoc. of State University College at Fredonia403(b)
FACULTY STUDENT ASSOCIATION OF STATE UNIVERSITY COLLEGE AT FREDONIA, NEW YORK, INC. RETIREMENT PLAN · FREDONIA, NY · plan year 2024
Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works
Faculty Student Assoc. of State University College at Fredonia reported $1,323 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,329 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 0.00% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 2,357th-largest of 5,648 plans among New York employers on file, and the 1,520th of 3,091 in educational services. In 2024, the employer put in $2.21 for every $1.00 employees contributed themselves; active participation has shrunk from 93 to 68 since 2022.
Faculty Student Assoc. of State University College at Fredonia's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 160728535 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.