Plan Ledger DOL Form 5500 · updated monthly

Georgian Court University403(b)

GEORGIAN COURT UNIVERSITY RETIREMENT PLAN · LAKEWOOD, NJ · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Georgian Court University reported $61,513 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $1,687 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 0.06% to 0.08%. 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 446th-largest of 2,419 plans among New Jersey employers on file, and the 686th of 3,091 in educational services. In 2024, employees put in $2.88 for every $1.00 the employer contributed; active participation has shrunk from 298 to 256 since 2022.

Plan summary
Net assets, end of year$74,320,078
Participants with balances710
Active participants256
Employer contributions$431,938
Employee contributions$1,242,271
Employer contribution per active participant$1,687
Average account balance$104,676
Benefits paid to participants$6,411,795
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$74.3M · 710 accts · $432K emplr
2023$71.3M · 732 accts · $423K emplr
2022$67.2M · 735 accts · $440K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,513
Total administrative$61,513
Employer contributions to the Georgian Court University plan · 2024
Employer contribution per active participant$1,687
Median for plans this size$3,635
2024$1,687 per active participant
2023$1,525 per active participant
2022$1,476 per active participant

Georgian Court 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 - TEACHERS INSURANCE AND ANNUI · Accounting / audit$31,513
GLOBAL RETIREMENT PARTNERS LLC · Accounting / audit$30,000

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$61,513 · 0.08%
2023$47,756 · 0.07%
2022$41,683 · 0.06%
Same employer
Similar plansEducational Services · New Jersey
Kent Place School NJ$79.3M · 0.04%
Blair Academy NJ$78.3M · 0.16%
Saint Peter's University NJ$76.0M · 0.02%
Berlitz Corporation NJ$74.8M · 0.05%
Kumon North America, Inc. NJ$69.3M · 0.02%
The Hun School of Princeton NJ$62.8M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 210634981 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.