Plan Ledger DOL Form 5500 · updated monthly

Rosalind Franklin University of Medicine and Science403(b)

ROSALIND FRANKLIN UNIVERSITY OF MEDICINE AND SCIENCE 403(B) DEFINED CONTRIBUTION PLAN · NORTH CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Rosalind Franklin University of Medicine and Science reported $150,596 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $20 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 0.06% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 310th-largest of 3,702 plans among Illinois employers on file, and the 263rd of 3,091 in educational services. In 2024, employees put in $331.11 for every $1.00 the employer contributed; active participation has grown from 568 to 989 since 2022.

Plan summary
Net assets, end of year$216,884,414
Participants with balances2,149
Active participants989
Employer contributions$19,663
Employee contributions$6,510,650
Employer contribution per active participant$20
Average account balance$100,923
Benefits paid to participants$13,447,537
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$216.9M · 2,149 accts · $20K emplr
2023$131.1M · 1,539 accts
2022$118.1M · 1,384 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,189
Investment management$29,375
Audit (IQPA)$51,346
Total administrative$150,596
Employer contributions to the Rosalind Franklin University of Medicine and Science plan · 2024
Employer contribution per active participant$20
Median for plans this size$3,635

Rosalind Franklin University of Medicine and Science's 2024 employer contribution ran below the $3,635 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 · 20243
TIAA$63,189
CROWE LLP · Accounting / audit$51,346
CONCURRENT INVESTMENT ADVISORS,LLC · Investment advisory (plan) · Investment management$29,375

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$150,596 · 0.09%
2023$70,415 · 0.06%
2022$80,613 · 0.06%
All plans at this employer3
ROSALIND FRANKLIN UNIVERSITY OF MEDICINE AND SCIENCE 403(B) DEFINED CONTRIBUTION PLAN403(b)
ROSALIND FRANKLIN UNIVERSITY OF MEDICINE AND SCIENCE 403(B) TDA PLAN403(b)
ROSALIND FRANKLIN UNIVERSITY OF MEDICINE AND SCIENCE QUALIFIED MONEY PURCHASE PENSION PLAN AND TRUSTMoney purchase plan
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 362181973 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.