Plan Ledger DOL Form 5500 · updated monthly

Nazareth University403(b)

NAZARETH COLLEGE OF ROCHESTER DEFINED CONTRIBUTION RETIREMENT PLAN · ROCHESTER, NY · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Nazareth University reported $105,558 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $3,618 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 0.07%. 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 564th-largest of 5,648 plans among New York employers on file, and the 337th of 3,091 in educational services. In 2024, employees put in $1.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$163,330,850
Participants with balances1,100
Active participants429
Employer contributions$1,552,292
Employee contributions$2,132,908
Employer contribution per active participant$3,618
Average account balance$148,483
Benefits paid to participants$18,306,258
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$163.3M · 1,100 accts · $1.6M emplr
2023$156.6M · 1,108 accts · $1.5M emplr
2022$146.1M · 1,118 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,942
Investment management$43,516
Audit (IQPA)$12,100
Total administrative$105,558
Employer contributions to the Nazareth University plan · 2024
Employer contribution per active participant$3,618
Median for plans this size$3,635
2024$3,618 per active participant
2023$3,810 per active participant
2022$4,011 per active participant

Nazareth 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 · 20243
TIAA · Recordkeeping · Pension consulting$49,942
FIDUCIENT ADVISORS, LLC · Investment advisory (plan) · Investment management$43,516
BONADIO & CO., LLP · Accounting / audit$12,100

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$105,558 · 0.07%
2023$82,625 · 0.05%
2022$56,851 · 0.04%
Same employer
Similar plansEducational Services · New York
The Juilliard School NY$179.7M · 0.12%
New York Law School NY$164.9M · 0.07%
Ithaka Harbors, Inc. NY$161.1M · 0.11%
Alfred University NY$150.8M · 0.09%
Utica University NY$148.0M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160743088 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.