Plan Ledger DOL Form 5500 · updated monthly

Franklin Pierce University403(b)

FRANKLIN PIERCE UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN · RINDGE, NH · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Franklin Pierce University reported $56,672 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $1,174 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 0.08% to 0.09%. 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 58th-largest of 411 plans among New Hampshire employers on file, and the 735th of 3,091 in educational services. In 2024, employees put in $1.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$66,967,145
Participants with balances915
Active participants676
Employer contributions$793,926
Employee contributions$1,022,474
Employer contribution per active participant$1,174
Average account balance$73,188
Benefits paid to participants$4,443,151
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$67.0M · 915 accts · $794K emplr
2023$60.8M · 908 accts · $793K emplr
2022$54.5M · 913 accts · $722K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,672
Total administrative$56,672
Employer contributions to the Franklin Pierce University plan · 2024
Employer contribution per active participant$1,174
Median for plans this size$3,635
2024$1,174 per active participant
2023$1,233 per active participant
2022$1,141 per active participant

Franklin Pierce University's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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.

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$53,812
VARIABLE ANNUITY LIFE INSURANCE CO.$2,860

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$56,672 · 0.09%
2023$41,229 · 0.07%
2022$49,514 · 0.08%
Same employer
Similar plansEducational Services · New Hampshire
Phillips Exeter Academy NH$242.2M · 0.03%
Saint Anselm College NH$133.3M · 0.09%
St. Paul's School NH$103.4M · 0.20%
Colby-Sawyer College NH$60.7M · 0.05%
New England College NH$50.7M · 0.00%
Rivier University NH$42.3M · 0.12%
The Derryfield School NH$32.3M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020263136 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.