Plan Ledger DOL Form 5500 · updated monthly

Russell Sage College403(b)

RUSSELL SAGE COLLEGE DEFINED CONTRIBUTION RETIREME NT PLAN · TROY, NY · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Russell Sage College reported $97,280 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $767 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 0.07% 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 697th-largest of 5,648 plans among New York employers on file, and the 466th of 3,091 in educational services. In 2024, employees put in $1.95 for every $1.00 the employer contributed; active participation has grown from 660 to 878 since 2022.

Plan summary
Net assets, end of year$116,769,622
Participants with balances1,124
Active participants878
Employer contributions$673,347
Employee contributions$1,314,986
Employer contribution per active participant$767
Average account balance$103,888
Benefits paid to participants$9,045,980
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$116.8M · 1,124 accts · $673K emplr
2023$109.4M · 1,253 accts · $615K emplr
2022$102.4M · 1,277 accts · $682K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,624
Investment management$47,656
Total administrative$97,280
Employer contributions to the Russell Sage College plan · 2024
Employer contribution per active participant$767
Median for plans this size$3,635
2024$767 per active participant
2023$632 per active participant
2022$1,033 per active participant

Russell Sage College'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 · 20242
TIAA · Recordkeeping · Pension consulting$52,732
FIDUCIENT ADVISORS, LLC · Investment management$44,548

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$97,280 · 0.09%
2023$114,706 · 0.11%
2022$74,988 · 0.07%
Same employer
Similar plansEducational Services · New York
The College of Saint Rose NY$129.3M · 0.03%
Manhattanville College NY$122.8M · 0.06%
Mercy University NY$121.4M · 0.04%
Hartwick College NY$115.7M · 0.10%
Marymount Manhattan College NY$112.8M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141338488 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.