Plan Ledger DOL Form 5500 · updated monthly

Quinnipiac University403(b)

QUINNIPIAC UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN · HAMDEN, CT · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Quinnipiac University reported $192,444 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $7,564 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 0.060%. 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 72nd-largest of 1,106 plans among Connecticut employers on file, and the 172nd of 3,091 in educational services. In 2024, the employer put in $5.95 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$334,962,248
Participants with balances2,291
Active participants1,281
Employer contributions$9,689,356
Employee contributions$1,629,715
Employer contribution per active participant$7,564
Average account balance$146,208
Benefits paid to participants$18,504,271
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$335.0M · 2,291 accts · $9.7M emplr
2023$307.2M · 2,326 accts · $9.5M emplr
2022$275.4M · 2,306 accts · $9.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,881
Trustee / custodial$33,600
Total administrative$192,444
Employer contributions to the Quinnipiac University plan · 2024
Employer contribution per active participant$7,564
Median for plans this size$4,294
2024$7,564 per active participant
2023$7,221 per active participant
2022$7,084 per active participant

Quinnipiac University's 2024 employer contribution ran above the $4,294 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 · 20244
TIAA · Recordkeeping$71,881
CAPFINANCIAL PARTNERS, LLC · Investment management$33,600
QUINNIPIAC UNIVERSITY · Other services$22,692
MY SECURE ADVANTAGE, INC. · Consulting$15,900

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$192,444 · 0.06%
2023$181,786 · 0.06%
2022$171,765 · 0.06%
All plans at this employer2
QUINNIPIAC UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN403(b)
QUINNIPIAC UNIVERSITY TAX DEFERRED ANNUITY PLAN403(b)
Same employer
Similar plansEducational Services · Connecticut
Wesleyan University CT$688.1M · 0.03%
Fairfield University CT$492.6M · 0.05%
University of Hartford CT$457.5M · 0.04%
Trinity College CT$381.4M · 0.04%
University of New Haven CT$317.9M · 0.03%
Connecticut College CT$302.5M · 0.05%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 060646701 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.