Plan Ledger DOL Form 5500 · updated monthly

Loyola University New Orleans403(b)

LOYOLA UNIVERSITY RETIREMENT PLAN · NEW ORLEANS, LA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Loyola University New Orleans reported $207,281 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $697 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 0.05% to 0.08%. 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 24th-largest of 884 plans among Louisiana employers on file, and the 203rd of 3,091 in educational services. In 2024, employees put in $3.72 for every $1.00 the employer contributed; active participation has grown from 721 to 1,273 since 2022.

Plan summary
Net assets, end of year$282,251,103
Participants with balances2,451
Active participants1,273
Employer contributions$887,848
Employee contributions$3,306,606
Employer contribution per active participant$697
Average account balance$115,158
Benefits paid to participants$22,089,393
Plan auditUnmodified (clean) audit opinion
AuditorWEGMANN DAZET, APC
Plan history3
Yearassets · accounts · employer contribution
2024$282.3M · 2,451 accts · $888K emplr
2023$270.0M · 2,275 accts · $868K emplr
2022$188.5M · 1,899 accts · $873K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$108,112
Investment management$76,530
Audit (IQPA)$22,639
Total administrative$207,281
Employer contributions to the Loyola University New Orleans plan · 2024
Employer contribution per active participant$697
Median for plans this size$4,294
2024$697 per active participant
2023$749 per active participant
2022$1,210 per active participant

Loyola University New Orleans's 2024 employer contribution ran below the $4,294 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 · 20244
TIAA · Recordkeeping · Pension consulting$109,892
CBIZ INVESTMENT ADV. SERVICES LLC · Investment management$68,750
WEGMANN DAZET & CO. · Accounting / audit$22,639
CBIZ BENEFITS AND INSURANCE SERVICE$6,000

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$207,281 · 0.08%
2023$173,224 · 0.08%
2022$99,282 · 0.05%
All plans at this employer2
LOYOLA UNIVERSITY RETIREMENT PLAN403(b)
LOYOLA UNIVERSITY SUPPLEMENTAL RETIREMENT PLAN403(b)
Same employer
Similar plansEducational Services · Louisiana
Manhattan College NY$291.1M · 0.05%
Cable One, Inc. AZ$284.7M · 0.13%
University of Portland OR$280.0M · 0.05%
Bowdoin College ME$276.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720408946 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.