Plan Ledger DOL Form 5500 · updated monthly

Marymount University403(b)

MARYMOUNT UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN · ARLINGTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Marymount University reported $125,470 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $2,049 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 fell from 0.12% to 0.10%. 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 216th-largest of 2,266 plans among Virginia employers on file, and the 413th of 3,091 in educational services. In 2024, employees put in $1.18 for every $1.00 the employer contributed; active participation has grown from 577 to 1,177 since 2022.

Plan summary
Net assets, end of year$133,908,270
Participants with balances1,773
Active participants1,177
Employer contributions$2,411,771
Employee contributions$2,840,272
Employer contribution per active participant$2,049
Average account balance$75,526
Benefits paid to participants$15,997,693
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$133.9M · 1,773 accts · $2.4M emplr
2023$127.2M · 1,801 accts · $2.1M emplr
2022$119.5M · 723 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$125,470
Total administrative$125,470
Employer contributions to the Marymount University plan · 2024
Employer contribution per active participant$2,049
Median for plans this size$3,635
2024$2,049 per active participant
2023$3,040 per active participant
2022$3,324 per active participant

Marymount University's 2024 employer contribution ran below 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 · 20242
CAPFINANCIAL PARTNERS, LLC$27,626

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$125,470 · 0.10%
2023$84,164 · 0.07%
2022$159,740 · 0.12%
Same employer
Similar plansEducational Services · Virginia
Stride, Inc. VA$257.7M · 0.24%
Cfa Institute VA$240.4M · 0.03%
Roanoke College VA$151.6M · 0.04%
Anthology Inc. VA$145.0M · 0.10%
Conservation International VA$133.2M · 0.20%
Hampton University VA$132.7M · 0.00%
The Potomac School VA$131.5M · 0.04%
Novateur Education, Inc. VA$124.1M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540573801 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.