Plan Ledger DOL Form 5500 · updated monthly

Rensselaer Polytechnic Institute C/O Controllers OfficeProfit-sharing plan

RENSSELAER POLYTECHNIC INSTITUTE DEFINED CONTRIBUTION RETIREMENT PLAN FOR RENSSELAER CONTRIBUTIONS · TROY, NY · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Rensselaer Polytechnic Institute C/O Controllers Office reported $284,577 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $6,741 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 fell from 0.09% to 0.08%. 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 286th-largest of 5,648 plans among New York employers on file, and the 151st of 3,091 in educational services. active participation has grown from 1,696 to 1,920 since 2022.

Plan summary
Net assets, end of year$373,041,715
Participants with balances3,373
Active participants1,920
Employer contributions$12,942,967
Employee contributions—
Employer contribution per active participant$6,741
Average account balance$110,596
Benefits paid to participants$20,588,041
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$373.0M · 3,373 accts · $12.9M emplr
2023$336.1M · 3,322 accts · $12.0M emplr
2022$287.4M · 3,228 accts · $10.8M emplr
Employer contributions to the Rensselaer Polytechnic Institute C/O Controllers Office plan · 2024
Employer contribution per active participant$6,741
Median for plans this size$4,294
2024$6,741 per active participant
2023$6,494 per active participant
2022$6,377 per active participant

Rensselaer Polytechnic Institute C/O Controllers Office'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
CAP FINANCIAL PARTNERS, LLC · Investment advisory (plan)$87,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$4,827

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$284,577 · 0.08%
2023$224,266 · 0.07%
2022$243,834 · 0.09%
All plans at this employer2
THE RENSSELAER POLYTECHNIC INSTITUTE DEFINED CONTRIBUTION RETIREMENT PLAN FOR EMPLOYEE CONTRIBUTIONS403(b)
RENSSELAER POLYTECHNIC INSTITUTE DEFINED CONTRIBUTION RETIREMENT PLAN FOR RENSSELAER CONTRIBUTIONSProfit-sharing plan
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 141340095 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.