Plan Ledger DOL Form 5500 · updated monthly

Rider University403(b)

RIDER UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN · LAWRENCEVILLE, NJ · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Rider University reported $231,272 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $1,899 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 0.03% to 0.07%. 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 166th-largest of 2,419 plans among New Jersey employers on file, and the 179th of 3,091 in educational services. In 2024, the employer put in $1.07 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$325,299,507
Participants with balances1,580
Active participants919
Employer contributions$1,744,736
Employee contributions$1,635,981
Employer contribution per active participant$1,899
Average account balance$205,886
Benefits paid to participants$23,113,908
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$325.3M · 1,580 accts · $1.7M emplr
2023$314.5M · 1,594 accts · $1.8M emplr
2022$291.1M · 1,602 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$112,689
Investment management$76,524
Audit (IQPA)$20,738
Total administrative$231,272
Employer contributions to the Rider University plan · 2024
Employer contribution per active participant$1,899
Median for plans this size$4,294
2024$1,899 per active participant
2023$1,924 per active participant
2022$2,672 per active participant

Rider University'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.

Service providers · 20244
TIAA · Recordkeeping · Pension consulting$112,689
FIDUCIENT ADVISORS, LLC · Investment management$76,524
CLIFTONLARSONALLEN LLP · Accounting / audit$20,738
MORGAN, LEWIS & BOCKIUS, LLP · Legal$20,672

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$231,272 · 0.07%
2023$212,950 · 0.07%
2022$76,111 · 0.03%
All plans at this employer2
RIDER UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN403(b)
RIDER UNIVERSITY TAX DEFERRED ANNUITY PLAN403(b)
Same employer
Similar plansEducational Services · New Jersey
Seton Hall University NJ$691.0M · 0.03%
Monmouth University, Inc. NJ$359.0M · 0.08%
Drew University NJ$230.5M · 0.04%
Lawrenceville School NJ$184.9M · 0.04%
Princeton Day School NJ$112.2M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 210650678 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.