Plan Ledger DOL Form 5500 · updated monthly

Roger Williams University403(b)

ROGER WILLIAMS UNIVERSITY RETIREMENT PLAN · BRISTOL, RI · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Roger Williams University reported $198,803 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $2,359 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 0.06%. 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 16th-largest of 286 plans among Rhode Island employers on file, and the 158th of 3,091 in educational services. In 2024, employees put in $1.09 for every $1.00 the employer contributed; active participation has shrunk from 2,740 to 2,119 since 2022.

Plan summary
Net assets, end of year$359,804,879
Participants with balances1,827
Active participants2,119
Employer contributions$4,998,131
Employee contributions$5,465,851
Employer contribution per active participant$2,359
Average account balance$196,938
Benefits paid to participants$29,219,936
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$359.8M · 1,827 accts · $5.0M emplr
2023$335.9M · 1,812 accts · $4.9M emplr
2022$296.6M · 1,791 accts · $4.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$195,255
Investment management$3,548
Total administrative$198,803
Employer contributions to the Roger Williams University plan · 2024
Employer contribution per active participant$2,359
Median for plans this size$4,294
2024$2,359 per active participant
2023$1,639 per active participant
2022$1,731 per active participant

Roger Williams 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 · 20245
TIAA · Recordkeeping · Pension consulting$78,213
VALIC RETIREMENT SERVICES COMPANY · Custodial (securities) · Investment advisory (participants)$70,287
FIDUCIENT ADVISORS, LLC · Investment advisory (plan)$31,250
VARIABLE ANNUITY LIFE INSURANCE CO · Custodial (securities) · Investment advisory (participants)$11,734
CBIZ MHM, LLC · Accounting / audit$8,768

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$198,803 · 0.06%
2023$55,932 · 0.02%
2022$105,467 · 0.03%
Same employer
Similar plansEducational Services · Rhode Island
Brown University RI$1.5B · 0.01%
Providence College RI$393.5M · 0.05%
Johnson & Wales University RI$367.9M · 0.14%
Bryant University RI$343.6M · 0.02%
Salve Regina University RI$129.1M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050277222 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.