Plan Ledger DOL Form 5500 · updated monthly

Marist College403(b)

MARIST COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN · POUGHKEEPSIE, NY · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Marist College reported $339,917 in plan administrative expenses for 2024: 0.10% of average plan assets, above the peer median. Employer contributions averaged $7,402 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 0.04% to 0.10%. 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 313th-largest of 5,648 plans among New York employers on file, and the 169th of 3,091 in educational services. In 2024, the employer put in $1.22 for every $1.00 employees contributed themselves; active participation has grown from 857 to 945 since 2022.

Plan summary
Net assets, end of year$341,853,744
Participants with balances1,949
Active participants945
Employer contributions$6,994,877
Employee contributions$5,745,922
Employer contribution per active participant$7,402
Average account balance$175,400
Benefits paid to participants$22,200,744
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$341.9M · 1,949 accts · $7.0M emplr
2023$315.8M · 1,912 accts · $6.2M emplr
2022$281.0M · 1,889 accts · $5.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$140,810
Investment management$144,955
Audit (IQPA)$18,000
Total administrative$339,917
Employer contributions to the Marist College plan · 2024
Employer contribution per active participant$7,402
Median for plans this size$4,294
2024$7,402 per active participant
2023$6,877 per active participant
2022$6,672 per active participant

Marist College's 2024 employer contribution ran above the $4,294 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 · 20245
TIAA · Recordkeeping · Custodial$140,810
GRANT THORNTON, LLP · Recordkeeping · Pension consulting$18,000
CAPFINANCIAL PARTNERS, LLC · Investment advisory (plan)$131,205
MARIST COLLEGE · Accounting / audit · Participant communication$13,800
CAP FINANCIAL PARTNERS, LLC · Investment advisory (plan)$13,750

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024GRANT THORNTON, LLP, TIAA
2023GRANT THORNTON, LLP, TIAA

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$339,917 · 0.10%
2023$249,124 · 0.08%
2022$129,748 · 0.04%
Same employer
Similar plansEducational Services · New York
Clarkson University NY$372.7M · 0.05%
Skidmore College NY$368.4M · 0.04%
Hamilton College NY$351.8M · 0.05%
St. Lawrence University NY$345.6M · 0.05%
Manhattan College NY$291.1M · 0.05%
Iona University NY$268.0M · 0.07%
The Dalton Schools, Inc. NY$260.5M · 0.06%
Pratt Institute NY$258.3M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141442493 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.