Plan Ledger DOL Form 5500 · updated monthly

Felician University403(b)

FELICIAN UNIVERSITY RETIREMENT PLAN · LODI, NJ · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Felician University reported $37,055 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,111 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 0.08%. 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 611th-largest of 2,419 plans among New Jersey employers on file, and the 995th of 3,091 in educational services. In 2024, employees put in $1.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$45,048,115
Participants with balances783
Active participants341
Employer contributions$719,869
Employee contributions$1,067,576
Employer contribution per active participant$2,111
Average account balance$57,533
Benefits paid to participants$4,210,490
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$45.0M · 783 accts · $720K emplr
2023$42.3M · 758 accts · $713K emplr
2022$37.3M · 731 accts · $715K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,055
Total administrative$37,055
Employer contributions to the Felician University plan · 2024
Employer contribution per active participant$2,111
Median for plans this size$2,416
2024$2,111 per active participant
2023$1,913 per active participant
2022$1,917 per active participant

Felician University's 2024 employer contribution ran below the $2,416 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 · 20241
CAPFINANCIAL PARTNERS LLC · Other services$34,355

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

Administrative cost history3
2024$37,055 · 0.08%
2023$18,619 · 0.05%
2022$12,694 · 0.03%
Same employer
Similar plansEducational Services · New Jersey
Morristown Beard School NJ$51.7M · 0.10%
The Pennington School NJ$47.6M · 0.17%
Gill St. Bernard's School NJ$46.3M · 0.12%
Centenary University NJ$42.3M · 0.17%
The Peck School NJ$40.6M · 0.06%
Educational Testing Service NJ$36.9M · 0.03%
The Frisch School NJ$36.3M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221912028 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.