Plan Ledger DOL Form 5500 · updated monthly

Rivier University403(b)

RIVIER UNIVERSITY 403(B) PLAN · NASHUA, NH · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Rivier University reported $51,899 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,220 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 0.05% to 0.12%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 90th-largest of 411 plans among New Hampshire employers on file, and the 1,037th of 3,091 in educational services. In 2024, employees put in $2.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$42,340,236
Participants with balances484
Active participants232
Employer contributions$514,974
Employee contributions$1,130,652
Employer contribution per active participant$2,220
Average account balance$87,480
Benefits paid to participants$5,542,482
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$42.3M · 484 accts · $515K emplr
2023$41.5M · 490 accts · $466K emplr
2022$36.6M · 488 accts · $402K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,899
Investment management$20,000
Total administrative$51,899
Employer contributions to the Rivier University plan · 2024
Employer contribution per active participant$2,220
Median for plans this size$2,416
2024$2,220 per active participant
2023$1,873 per active participant
2022$1,690 per active participant

Rivier University's 2024 employer contribution ran below the $2,416 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 · 20242
TIAA$32,124
GLOBAL RETIREMENT PARTNERS, LLC · Investment advisory (plan)$20,000

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$51,899 · 0.12%
2023$39,467 · 0.10%
2022$20,000 · 0.05%
Same employer
Similar plansEducational Services · New Hampshire
St. Paul's School NH$103.4M · 0.20%
Franklin Pierce University NH$67.0M · 0.09%
Colby-Sawyer College NH$60.7M · 0.05%
New England College NH$50.7M · 0.00%
The Derryfield School NH$32.3M · 0.23%
Brewster Academy NH$32.1M · 0.14%
Kimball Union Academy NH$31.8M · 0.18%
Cardigan Mountain School NH$27.1M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020223339 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.