Plan Ledger DOL Form 5500 · updated monthly

Ithaca College403(b)

ITHACA COLLEGE 403(B) RETIREMENT PLAN · ITHACA, NY · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Ithaca College reported $466,402 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $3,995 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 0.07% to 0.08%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other educational services employers. By assets it is the 185th-largest of 5,648 plans among New York employers on file, and the 81st of 3,091 in educational services. In 2024, employees put in $1.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$635,277,962
Participants with balances3,648
Active participants1,595
Employer contributions$6,372,260
Employee contributions$8,450,126
Employer contribution per active participant$3,995
Average account balance$174,144
Benefits paid to participants$37,932,690
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$635.3M · 3,648 accts · $6.4M emplr
2023$596.6M · 3,664 accts · $6.2M emplr
2022$548.1M · 3,752 accts · $6.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$163,232
Investment management$271,153
Audit (IQPA)$29,768
Total administrative$466,402
Employer contributions to the Ithaca College plan · 2024
Employer contribution per active participant$3,995
Median for plans this size$4,294
2024$3,995 per active participant
2023$3,822 per active participant
2022$4,541 per active participant

Ithaca College's 2024 employer contribution ran below the $4,294 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 · 20245
TIAA · Recordkeeping · Pension consulting$163,233
FLEXPATH STRATEGIES, LLC · Investment management · Other services$132,025
FIDUCIENT ADVISORS, LLC · Investment advisory (plan)$93,504
NFP RETIREMENT, INC. · Investment advisory (plan)$45,500
GRANT THORNTON LLP · Accounting / audit$29,768

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$466,402 · 0.08%
2023$419,428 · 0.07%
2022$385,456 · 0.07%
Same employer
Similar plansEducational Services · New York
Yeshiva University NY$734.3M · 0.05%
New York Medical College NY$719.8M · 0.04%
The New School NY$669.7M · 0.09%
College Board NY$665.5M · 0.01%
Colgate University NY$567.8M · 0.05%
Vassar College NY$550.8M

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Source: U.S. Department of Labor, Form 5500 series, EIN 150532204 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.