Plan Ledger DOL Form 5500 · updated monthly

Harrisburg University of Science & Technology403(b)

HARRISBURG UNIVERSITY OF SCIENCE & TECHNOLOGY 403(B) PLAN · HARRISBURG, PA · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Harrisburg University of Science & Technology reported $185,514 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,171 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 fell from 0.62% to 0.57%. 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 1,047th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,157th of 3,091 in educational services. In 2024, employees put in $1.67 for every $1.00 the employer contributed; active participation has shrunk from 483 to 351 since 2022.

Plan summary
Net assets, end of year$35,558,762
Participants with balances571
Active participants351
Employer contributions$1,464,047
Employee contributions$2,440,885
Employer contribution per active participant$4,171
Average account balance$62,275
Benefits paid to participants$1,976,319
Plan auditUnmodified (clean) audit opinion
AuditorSMITH ELLIOTT KEARNS & CO., LLC
Plan history3
Yearassets · accounts · employer contribution
2024$35.6M · 571 accts · $1.5M emplr
2023$29.8M · 602 accts · $1.7M emplr
2022$21.7M · 569 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$151,849
Investment management$33,665
Total administrative$185,514
Employer contributions to the Harrisburg University of Science & Technology plan · 2024
Employer contribution per active participant$4,171
Median for plans this size$2,416
2024$4,171 per active participant
2023$3,323 per active participant
2022$2,759 per active participant

Harrisburg University of Science & Technology'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.

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 · 20244
TIAA - TEACHERS INSURANCE & ANNUITY · Custodial (securities)$125,349
CORNERSTONE ADVISORS ASSET MANAGEME · Custodial (securities)$27,475
CAMBRIDGE INVESTMENT RESEARCH, INC. · Custodial (securities)$19,663
COMMONWEALTH FINANCIAL NETWORK · Custodial (securities)$14,002

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$185,514 · 0.57%
2023$172,772 · 0.67%
2022$136,385 · 0.62%
Same employer
Similar plansEducational Services · Pennsylvania
The American Law Institute PA$40.9M · 0.34%
Thiel College PA$38.6M
The American College PA$36.3M · 0.15%
Wilson College PA$34.4M · 0.19%
Keystone College PA$33.7M · 0.12%
Chestnut Hill College PA$31.5M · 0.06%
Lincoln Learning Solutions PA$31.1M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251900793 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.