Plan Ledger DOL Form 5500 · updated monthly

Franciscan University of Steubenville403(b)

FRANCISCAN UNIVERSITY OF STEUBENVILLE DEFINED CONTRIBUTION RETIREMENT PLAN · STEUBENVILLE, OH · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Franciscan University of Steubenville reported $160,445 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $4,951 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 0.02% to 0.16%. 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 369th-largest of 3,295 plans among Ohio employers on file, and the 525th of 3,091 in educational services. In 2024, the employer put in $1.06 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$100,754,211
Participants with balances714
Active participants338
Employer contributions$1,673,579
Employee contributions$1,573,790
Employer contribution per active participant$4,951
Average account balance$141,112
Benefits paid to participants$9,210,779
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$100.8M · 714 accts · $1.7M emplr
2023$96.8M · 674 accts · $1.7M emplr
2022$88.8M · 662 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$75,538
Investment management$63,053
Total administrative$160,445
Employer contributions to the Franciscan University of Steubenville plan · 2024
Employer contribution per active participant$4,951
Median for plans this size$3,635
2024$4,951 per active participant
2023$4,428 per active participant
2022$4,707 per active participant

Franciscan University of Steubenville'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 · 20242
TIAA · Recordkeeping · Pension consulting$75,539
CBIZ INVESTMENT ADVISORY SERVICES · Investment advisory (plan)$63,053

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$160,445 · 0.16%
2023$161,646 · 0.17%
2022$17,114 · 0.02%
Same employer
Similar plansEducational Services · Ohio
Franklin University OH$114.3M · 0.20%
Cedarville University OH$111.0M · 0.35%
The University of Findlay OH$109.9M · 0.08%
University of Mount Union OH$103.3M · 0.09%
Muskingum University OH$91.2M · 0.05%
The Columbus Academy OH$86.8M · 0.03%
Marietta College OH$81.8M · 0.08%
University School OH$77.8M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340714818 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.