Plan Ledger DOL Form 5500 · updated monthly

Saint Francis University403(b)

SAINT FRANCIS UNIVERSITY RETIREMENT PLAN · LORETTO, PA · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Saint Francis University reported $519,994 in plan administrative expenses for 2024: 0.42% of average plan assets, higher than ~90% of peers. Employer contributions averaged $408 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 0.36% to 0.42%. 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 398th-largest of 3,651 plans among Pennsylvania employers on file, and the 428th of 3,091 in educational services. In 2024, employees put in $8.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$127,908,155
Participants with balances980
Active participants473
Employer contributions$192,931
Employee contributions$1,726,524
Employer contribution per active participant$408
Average account balance$130,519
Benefits paid to participants$7,112,446
Plan auditUnmodified (clean) audit opinion
AuditorYOUNG OAKES BROWN & CO PC
Plan history3
Yearassets · accounts · employer contribution
2024$127.9M · 980 accts · $193K emplr
2023$117.8M · 987 accts · $1.4M emplr
2022$105.4M · 1,012 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$136,348
Investment management$383,646
Total administrative$519,994
Employer contributions to the Saint Francis University plan · 2024
Employer contribution per active participant$408
Median for plans this size$3,635
2024$408 per active participant
2023$2,893 per active participant
2022$3,353 per active participant

Saint Francis University'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 · Recordkeeping$91,838
CORNERSTONE ADVISORS ASSET MGMT., I · Investment management$37,246
YOUNG, OAKES, BROWN & CO, PC · Accounting / audit$7,760

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$519,994 · 0.42%
2023$446,913 · 0.40%
2022$410,453 · 0.36%
Same employer
Similar plansEducational Services · Pennsylvania
Dickinson College PA$142.6M · 0.06%
Juniata College PA$138.0M · 0.09%
Lebanon Valley College PA$136.0M · 0.05%
Albright College PA$120.5M · 0.03%
McKissock LLC PA$120.3M · 0.11%
Point Park University PA$115.5M · 0.06%
Germantown Academy PA$101.9M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251024358 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.