Plan Ledger DOL Form 5500 · updated monthly

Jacksonville University403(b)

JACKSONVILLE UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN · JACKSONVILLE, FL · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Jacksonville University reported $93,768 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $4,651 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 0.11% to 0.12%. 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 376th-largest of 3,644 plans among Florida employers on file, and the 631st of 3,091 in educational services. In 2024, employees put in $1.00 for every $1.00 the employer contributed; active participation has shrunk from 599 to 433 since 2022.

Plan summary
Net assets, end of year$82,740,622
Participants with balances815
Active participants433
Employer contributions$2,013,876
Employee contributions$2,015,279
Employer contribution per active participant$4,651
Average account balance$101,522
Benefits paid to participants$7,786,748
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$82.7M · 815 accts · $2.0M emplr
2023$77.4M · 810 accts · $1.7M emplr
2022$69.1M · 798 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$93,768
Total administrative$93,768
Employer contributions to the Jacksonville University plan · 2024
Employer contribution per active participant$4,651
Median for plans this size$3,635
2024$4,651 per active participant
2023$4,361 per active participant
2022$1,987 per active participant

Jacksonville University's 2024 employer contribution ran above the $3,635 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 · 20242
TIAA - TEACHERS INSRUANCE AND ANNUI · Investment advisory (plan)$71,124
THE VARIABLE ANNUITY LIFE INS CO · Custodial (securities) · Investment advisory (participants)$22,644

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$93,768 · 0.12%
2023$88,001 · 0.12%
2022$83,323 · 0.11%
Same employer
Similar plansEducational Services · Florida
Eduserve, Inc. FL$84.0M · 0.64%
The Bolles School FL$68.9M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 590624412 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.