RESEARCH FOUNDATION OF THE CITY UNIVERSITY OF NEW YORK DEFINED CONTRIBUTION RETIREMENT PLAN · NEW YORK, NY · plan year 2024
Reported admin expense ratio · 2024
0.06%
Peer grade: C+· admin costs + employer contributions vs same-size plans · how grading works
Research Foundation of Cuny reported $495,804 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $1,157 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 0.07% 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 127th-largest of 5,648 plans among New York employers on file, and the 54th of 3,091 in educational services. In 2024, the employer put in $20.56 for every $1.00 employees contributed themselves; active participation has grown from 5,316 to 12,450 since 2022.
Plan summary
Net assets, end of year$929,231,687
Participants with balances14,154
Active participants12,450
Employer contributions$14,400,143
Employee contributions$700,513
Employer contribution per active participant$1,157
Employer contributions to the Research Foundation of Cuny plan · 2024
Employer contribution per active participant$1,157
Median for plans this size$4,294
2024$1,157 per active participant
2023$2,318 per active participant
2022$2,028 per active participant
Research Foundation of Cuny's 2024 employer contribution ran below the $4,294 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.
Source: U.S. Department of Labor, Form 5500 series, EIN 131988190 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.