Plan Ledger DOL Form 5500 · updated monthly

Manhattan College403(b)

MANHATTAN COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN · RIVERDALE, NY · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Manhattan College reported $131,804 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $8,781 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 0.00% 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 347th-largest of 5,648 plans among New York employers on file, and the 199th of 3,091 in educational services. In 2024, employees put in $1.20 for every $1.00 the employer contributed; active participation has shrunk from 503 to 377 since 2022.

Plan summary
Net assets, end of year$291,149,781
Participants with balances1,185
Active participants377
Employer contributions$3,310,251
Employee contributions$3,956,367
Employer contribution per active participant$8,781
Average account balance$245,696
Benefits paid to participants$17,946,407
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$291.1M · 1,185 accts · $3.3M emplr
2023$270.8M · 1,183 accts · $3.0M emplr
2022$246.9M · 1,184 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,464
Investment management$78,750
Audit (IQPA)$36,590
Total administrative$131,804
Employer contributions to the Manhattan College plan · 2024
Employer contribution per active participant$8,781
Median for plans this size$4,294
2024$8,781 per active participant
2023$6,239 per active participant
2022$4,427 per active participant

Manhattan College's 2024 employer contribution ran above the $4,294 median for plans its size, placing it in the top 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 · 20243
TIAA · Recordkeeping · Pension consulting$16,464
SENTINEL PENSION ADVISORS · Investment advisory (participants) · Investment advisory (plan)$78,750
PFK O'CONNOR DAVIES, LLP · Accounting / audit$36,590

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$131,804 · 0.05%
2023$70,997 · 0.03%
2022$1,670 · 0.00%
Same employer
Similar plansEducational Services · New York
Skidmore College NY$368.4M · 0.04%
Hamilton College NY$351.8M · 0.05%
St. Lawrence University NY$345.6M · 0.05%
Marist College NY$341.9M · 0.10%
Iona University NY$268.0M · 0.07%
The Dalton Schools, Inc. NY$260.5M · 0.06%
Pratt Institute NY$258.3M · 0.06%
Siena College NY$257.2M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131740468 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.