Plan Ledger DOL Form 5500 · updated monthly

Lafayette College403(b)

LAFAYETTE COLLEGE RETIREMENT PLAN · EASTON, PA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Lafayette College reported $215,052 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $5,959 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 0.03% to 0.05%. 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 162nd-largest of 3,651 plans among Pennsylvania employers on file, and the 115th of 3,091 in educational services. In 2024, the employer put in $1.05 for every $1.00 employees contributed themselves; active participation has grown from 1,067 to 1,206 since 2022.

Plan summary
Net assets, end of year$479,433,621
Participants with balances2,270
Active participants1,206
Employer contributions$7,186,495
Employee contributions$6,865,616
Employer contribution per active participant$5,959
Average account balance$211,204
Benefits paid to participants$31,096,361
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$479.4M · 2,270 accts · $7.2M emplr
2023$442.6M · 2,218 accts · $6.7M emplr
2022$391.4M · 2,179 accts · $6.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$128,228
Investment management$51,340
Audit (IQPA)$35,484
Total administrative$215,052
Employer contributions to the Lafayette College plan · 2024
Employer contribution per active participant$5,959
Median for plans this size$4,294
2024$5,959 per active participant
2023$5,906 per active participant
2022$5,944 per active participant

Lafayette College's 2024 employer contribution ran above 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 · 20244
TIAA$85,436
FIDUCIENT ADVISORS, LLC · Consulting · Investment advisory (plan)$51,340
GRANT THORNTON, LLP · Accounting / audit$35,484

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$215,052 · 0.05%
2023$207,216 · 0.05%
2022$141,734 · 0.03%
Same employer
Similar plansEducational Services · Pennsylvania
Bucknell University PA$672.9M · 0.06%
Saint Joseph's University PA$553.5M · 0.06%
Swarthmore College PA$462.5M · 0.02%
Widener University PA$424.8M · 0.02%
Bryn Mawr College PA$329.3M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 240795686 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.