Plan Ledger DOL Form 5500 · updated monthly

Lindenwood University403(b)

LINDENWOOD UNIVERSITY DEFINED CONTRIBUTION AND TAX DEFERRED ANNUITY PLAN · ST. CHARLES, MO · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Lindenwood University reported $132,584 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $1,998 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 0.13% to 0.17%. 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 228th-largest of 1,393 plans among Missouri employers on file, and the 647th of 3,091 in educational services. In 2024, employees put in $2.23 for every $1.00 the employer contributed; active participation has grown from 568 to 910 since 2022.

Plan summary
Net assets, end of year$80,614,610
Participants with balances1,590
Active participants910
Employer contributions$1,818,030
Employee contributions$4,057,885
Employer contribution per active participant$1,998
Average account balance$50,701
Benefits paid to participants$6,807,866
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$80.6M · 1,590 accts · $1.8M emplr
2023$72.9M · 1,613 accts · $1.8M emplr
2022$61.0M · 1,202 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$132,489
Investment management$95
Total administrative$132,584
Employer contributions to the Lindenwood University plan · 2024
Employer contribution per active participant$1,998
Median for plans this size$3,635
2024$1,998 per active participant
2023$1,857 per active participant
2022$2,767 per active participant

Lindenwood University's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. 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 INS & ANNUITY ASSOC · Contract administrator$101,539
NFP RETIREMENT INC. · Investment advisory (plan)$35,000

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$132,584 · 0.17%
2023$113,407 · 0.17%
2022$82,266 · 0.13%
Same employer
Similar plansEducational Services · Missouri
Kansas City University MO$97.0M · 0.10%
Rockhurst University MO$87.4M · 0.14%
Drury University MO$82.4M · 0.14%
John Burroughs School MO$79.6M · 0.05%
College of the Ozarks MO$72.1M · 0.26%
Columbia College MO$66.4M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 430652649 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.