Plan Ledger DOL Form 5500 · updated monthly

Iona University403(b)

IONA UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN · NEW ROCHELLE, NY · plan year 2025

Reported admin expense ratio · 2025
0.07%

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

Iona University reported $170,393 in plan administrative expenses for 2025: 0.07% of average plan assets, below the peer median. Employer contributions averaged $3,088 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 3 years on file its reported administrative ratio rose from 0.05% to 0.07%. The plan sits in the $250M–$1B size bracket, benchmarked here against 230 comparable plans and shown alongside other educational services employers. By assets it is the 371st-largest of 5,648 plans among New York employers on file, and the 211th of 3,091 in educational services. In 2025, employees put in $1.29 for every $1.00 the employer contributed; active participation has grown from 683 to 867 since 2022.

Plan summary
Net assets, end of year$268,021,526
Participants with balances1,409
Active participants867
Employer contributions$2,676,912
Employee contributions$3,456,850
Employer contribution per active participant$3,088
Average account balance$190,221
Benefits paid to participants$20,118,006
Plan auditDisclaimer of opinion
AuditorBDO USA, P. C.
Plan history4
Yearassets · accounts · employer contribution
2025$268.0M · 1,409 accts · $2.7M emplr
2024$248.4M · 1,374 accts · $2.6M emplr
2023$228.9M · 1,342 accts · $2.5M emplr
2022$213.7M · 1,329 accts · $2.5M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$98,295
Investment management$52,298
Audit (IQPA)$19,800
Total administrative$170,393
Employer contributions to the Iona University plan · 2025
Employer contribution per active participant$3,088
Median for plans this size$4,295
2025$3,088 per active participant
2024$3,647 per active participant
2023$3,559 per active participant
2022$3,589 per active participant

Iona University's 2025 employer contribution ran below the $4,295 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
TIAA · Recordkeeping · Pension consulting$98,295
CAPFINANCIAL PARTNERS, LLC · Investment advisory (plan)$52,298
BDO USA, P.C. · Accounting / audit$19,800

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

Recordkeeper by year3
2025TIAA
2024TIAA
2023TIAA

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$170,393 · 0.07%
2024$155,458 · 0.07%
2023$153,723 · 0.07%
2022$117,720 · 0.05%
Same employer
Similar plansEducational Services · New York
Hamilton College NY$351.8M · 0.05%
St. Lawrence University NY$345.6M · 0.05%
Marist College NY$341.9M · 0.10%
Manhattan College NY$291.1M · 0.05%
The Dalton Schools, Inc. NY$260.5M · 0.06%
Pratt Institute NY$258.3M · 0.06%
Siena College NY$257.2M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133508093 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.