Plan Ledger DOL Form 5500 · updated monthly

Lewis University403(b)

LEWIS UNIVERSITY 403(B) DEFINED CONTRIBUTION RETIREMENT PLAN · ROMEOVILLE, IL · plan year 2024

Reported admin expense ratio · 2024
0.28%

Lewis University reported $68,660 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. 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 has held roughly steady near 0.28%. 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 1,419th-largest of 3,702 plans among Illinois employers on file, and the 1,374th of 3,091 in educational services. active participation has grown from 380 to 468 since 2022.

Plan summary
Net assets, end of year$26,838,079
Participants with balances510
Active participants468
Employer contributions—
Employee contributions$2,741,032
Employer contribution per active participant—
Average account balance$52,624
Benefits paid to participants$1,078,336
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.8M · 510 accts
2023$22.1M · 438 accts
2022$17.7M · 420 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,660
Total administrative$68,660
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 · 20241
TIAA · Recordkeeping · Pension consulting$22,098

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$68,660 · 0.28%
2023$53,987 · 0.27%
2022$49,455 · 0.27%
Similar plansEducational Services · Illinois
Adler University IL$31.3M · 0.30%
Keypath Education, LLC IL$30.6M · 0.37%
Riverside Assessments, LLC IL$30.5M · 0.20%
American Nuclear Society IL$26.7M · 0.00%
Acero Schools IL$25.3M · 0.46%
Marist High School IL$24.9M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362167773 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.