Plan Ledger DOL Form 5500 · updated monthly

National University403(b)

NATIONAL UNIVERSITY RETIREMENT SAVINGS PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

National University reported $301,994 in plan administrative expenses for 2024: 0.10% of average plan assets, above the peer median. Employer contributions averaged $1,700 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 0.08% 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 387th-largest of 9,483 plans among California employers on file, and the 184th of 3,091 in educational services. In 2024, employees put in $1.45 for every $1.00 the employer contributed; active participation has grown from 3,320 to 6,174 since 2022.

Plan summary
Net assets, end of year$319,318,026
Participants with balances4,402
Active participants6,174
Employer contributions$10,492,788
Employee contributions$15,192,500
Employer contribution per active participant$1,700
Average account balance$72,539
Benefits paid to participants$18,407,885
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$319.3M · 4,402 accts · $10.5M emplr
2023$273.9M · 4,209 accts · $10.2M emplr
2022$222.3M · 4,531 accts · $7.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$260,116
Investment management$39,802
Total administrative$301,994
Employer contributions to the National University plan · 2024
Employer contribution per active participant$1,700
Median for plans this size$4,294
2024$1,700 per active participant
2023$1,667 per active participant
2022$2,118 per active participant

National University'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 · 20243
TIAA · Recordkeeping · Pension consulting$259,600
MULTNOMAH GROUP, INC · Investment advisory (plan)$39,802
LINCOLN NATIONAL CORPORATION · Contract administrator$300

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$301,994 · 0.10%
2023$234,515 · 0.09%
2022$189,564 · 0.08%
Same employer
Similar plansEducational Services · California
Pomona College CA$380.0M · 0.03%
Occidental College CA$320.8M · 0.05%
Azusa Pacific University CA$313.9M · 0.09%
Chapman University CA$303.8M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237172306 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.