Plan Ledger DOL Form 5500 · updated monthly

New York University403(b)

NEW YORK UNIVERSITY RETIREMENT PLAN FOR MEMBERS OF THE FACULTY, PROFESSIONAL RESEARCH STAFF AND ADMINISTRATION · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

New York University reported $725,677 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $10,019 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 0.013% to 0.014%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other educational services employers. By assets it is the 27th-largest of 5,648 plans among New York employers on file, and the 11th of 3,091 in educational services. In 2024, the employer put in $1.09 for every $1.00 employees contributed themselves; active participation has grown from 9,810 to 10,895 since 2022.

Plan summary
Net assets, end of year$5,442,860,942
Participants with balances23,043
Active participants10,895
Employer contributions$109,156,146
Employee contributions$100,530,618
Employer contribution per active participant$10,019
Average account balance$236,205
Benefits paid to participants$273,260,469
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.4B · 23,043 accts · $109.2M emplr
2023$4.9B · 22,691 accts · $99.5M emplr
2022$4.2B · 21,626 accts · $92.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$725,677
Total administrative$725,677
Employer contributions to the New York University plan · 2024
Employer contribution per active participant$10,019
Median for plans this size$5,259
2024$10,019 per active participant
2023$9,299 per active participant
2022$9,429 per active participant

New York University's 2024 employer contribution ran above the $5,259 median for plans its size, placing it in the top 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 · 20242
TIAA · Recordkeeping · Pension consulting$720,489
VARIABLE ANNUITY LIFE INSURANCE CO. · Custodial (securities) · Investment advisory (participants)$5,188

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$725,677 · 0.01%
2023$642,769 · 0.01%
2022$585,615 · 0.01%
All plans at this employer6
NEW YORK UNIVERSITY RETIREMENT PLAN FOR MEMBERS OF THE FACULTY, PROFESSIONAL RESEARCH STAFF AND ADMINISTRATION403(b)
NEW YORK UNIVERSITY SUPPLEMENTAL TAX DEFERRED ANNUITY PLAN403(b)
NYU GROSSMAN SCHOOL OF MEDICINE RETIREMENT PLAN FOR MEMBERS OF THE FACULTY, PROFESSIONAL RESEARCH STAFF AND ADMINISTRATION403(b)
LOCAL ONE SECURITY OFFICERS UNION MONEY PURCHASE PENSION PLANMoney purchase plan
NEW YORK UNIVERSITY RETIREMENT PLAN FOR ADJUNCT FACULTY MEMBERS403(b)
NYU GROSSMAN SCHOOL OF MEDICINE MANAGEMENT AND STAFF 403(B) RETIREMENT PLAN403(b)
Same employer
Similar plansEducational Services · New York
University of Rochester NY$8.0B · 0.02%
Cornell University NY$3.0B · 0.01%
Syracuse University NY$1.7B · 0.01%
Fordham University NY$1.7B · 0.06%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 135562308 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.