Plan Ledger DOL Form 5500 · updated monthly

Oral Roberts University403(b)

ORAL ROBERTS UNIVERSITY RETIREMENT PLAN · TULSA, OK · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Oral Roberts University reported $123,961 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $1,351 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 3 years on file its reported administrative ratio has held roughly steady near 0.172%. 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 74th-largest of 724 plans among Oklahoma employers on file, and the 682nd of 3,091 in educational services. In 2024, employees put in $2.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$74,727,720
Participants with balances832
Active participants483
Employer contributions$652,387
Employee contributions$1,950,417
Employer contribution per active participant$1,351
Average account balance$89,817
Benefits paid to participants$5,386,310
Plan auditUnmodified (clean) audit opinion
AuditorHOGANTAYLORLLP
Plan history3
Yearassets · accounts · employer contribution
2024$74.7M · 832 accts · $652K emplr
2023$69.5M · 861 accts · $622K emplr
2022$63.6M · 874 accts · $625K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,557
Investment management$32,000
Audit (IQPA)$22,700
Total administrative$123,961
Employer contributions to the Oral Roberts University plan · 2024
Employer contribution per active participant$1,351
Median for plans this size$3,635
2024$1,351 per active participant
2023$1,252 per active participant
2022$1,240 per active participant

Oral Roberts 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
TIAA · Recordkeeping · Pension consulting$66,557
MARINER WEALTH ADVISORS, LLC · Investment advisory (plan)$32,000
HOGANTAYLOR LLP · Accounting / audit$22,700

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$123,961 · 0.17%
2023$112,335 · 0.17%
2022$114,264 · 0.17%
Same employer
Similar plansEducational Services · Oklahoma
The University of Tulsa OK$427.4M · 0.01%
Shady Side Academy PA$75.2M · 0.22%
University of Dubuque IA$75.1M · 0.02%
Berlitz Corporation NJ$74.8M · 0.05%
Simpson College IA$74.8M · 0.06%
The Berkeley Carroll School NY$74.7M · 0.00%
Kent School Corporation CT$74.7M · 0.24%
Guild Education, Inc. CO$74.4M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 730739626 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.