Plan Ledger DOL Form 5500 · updated monthly

Mount Saint Mary's University403(b)

MOUNT SAINT MARY'S UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN · EMMITSBURG, MD · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Mount Saint Mary's University reported $13,654 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,492 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.

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 168th-largest of 1,671 plans among Maryland employers on file, and the 504th of 3,091 in educational services. In 2024, employees put in $1.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$104,334,774
Participants with balances1,301
Active participants1,034
Employer contributions$1,542,706
Employee contributions$2,251,016
Employer contribution per active participant$1,492
Average account balance$80,196
Benefits paid to participants$8,977,892
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,654
Total administrative$13,654
Employer contributions to the Mount Saint Mary's University plan · 2024
Employer contribution per active participant$1,492
Median for plans this size$3,635

Mount Saint Mary's 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 · 20243
CBIZ FINANCIAL SOLUTIONS, INC.$8,214
CBIZ INVESTMENT ADVISORY SERVICES · Investment advisory (participants)$5,440

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

Administrative cost history1
2024$13,654 · 0.01%
All plans at this employer2
MOUNT SAINT MARY'S UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN403(b)
MOUNT SAINT MARY'S UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN403(b)
Same employer
Similar plansEducational Services · Maryland
Stevenson University, Inc. MD$117.8M · 0.10%
Gilman School MD$108.2M · 0.11%
Connections Education, LLC. MD$106.4M · 0.14%
Washington College MD$103.7M · 0.07%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 520591672 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.