Plan Ledger DOL Form 5500 · updated monthly

Pace University403(b)

PACE UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN · VALHALLA, NY · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Pace University reported $476,672 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $5,237 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 0.06%. 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 133rd-largest of 5,648 plans among New York employers on file, and the 59th of 3,091 in educational services. In 2024, employees put in $1.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$881,461,722
Participants with balances3,482
Active participants2,350
Employer contributions$12,307,553
Employee contributions$12,868,050
Employer contribution per active participant$5,237
Average account balance$253,148
Benefits paid to participants$54,502,205
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$881.5M · 3,482 accts · $12.3M emplr
2023$814.8M · 3,488 accts · $11.8M emplr
2022$739.3M · 3,466 accts · $11.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$225,483
Investment management$218,114
Audit (IQPA)$33,075
Total administrative$476,672
Employer contributions to the Pace University plan · 2024
Employer contribution per active participant$5,237
Median for plans this size$4,294
2024$5,237 per active participant
2023$5,117 per active participant
2022$5,021 per active participant

Pace University's 2024 employer contribution ran above the $4,294 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 · 20244
TIAA · Recordkeeping · Pension consulting$221,387
CAPFINANCIAL PARTNERS, LLC · Investment advisory (plan) · Investment management$218,114
FORVIS, LLP · Accounting / audit$33,075
FIDELITY INV INST OPS CO. LLC · Loan processing$4,096

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$476,672 · 0.06%
2023$341,863 · 0.04%
2022$292,726 · 0.04%
Same employer
Similar plansEducational Services · New York
St. John's University NY$1.4B · 0.02%
Hofstra University NY$1.3B · 0.03%
Long Island University NY$1.1B · 0.03%
Research Foundation of Cuny NY$929.2M · 0.06%
The Rockefeller University NY$839.4M · 0.01%
Yeshiva University NY$734.3M · 0.05%
New York Medical College NY$719.8M · 0.04%
The New School NY$669.7M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 135562314 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.