Plan Ledger DOL Form 5500 · updated monthly

Lincoln University of the Commonwealth System of Higher Edu403(b)

LINCOLN UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN · LINCOLN UNIVERSITY, PA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Lincoln University of the Commonwealth System of Higher Edu reported $12,380 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,788 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 0.010% to 0.014%. 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 506th-largest of 3,651 plans among Pennsylvania employers on file, and the 573rd of 3,091 in educational services. In 2024, the employer put in $1.51 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$91,296,857
Participants with balances1,296
Active participants610
Employer contributions$2,310,639
Employee contributions$1,530,649
Employer contribution per active participant$3,788
Average account balance$70,445
Benefits paid to participants$7,543,825
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$91.3M · 1,296 accts · $2.3M emplr
2023$85.7M · 1,316 accts · $2.2M emplr
2022$79.4M · 1,325 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,380
Total administrative$12,380
Employer contributions to the Lincoln University of the Commonwealth System of Higher Edu plan · 2024
Employer contribution per active participant$3,788
Median for plans this size$3,635
2024$3,788 per active participant
2023$3,695 per active participant
2022$3,476 per active participant

Lincoln University of the Commonwealth System of Higher Edu'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 · 20241
TIAA · Recordkeeping · Pension consulting$12,380

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$12,380 · 0.01%
2023$8,060 · 0.01%
2022$8,577 · 0.01%
Same employer
Similar plansEducational Services · Pennsylvania
Lycoming College PA$97.6M · 0.18%
Chatham University PA$97.0M · 0.04%
Desales University PA$94.7M · 0.00%
Delaware Valley University PA$93.6M · 0.06%
Misericordia University PA$89.9M · 0.07%
Mercyhurst University PA$87.6M · 0.01%
Eastern University PA$86.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231352655 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.