Plan Ledger DOL Form 5500 · updated monthly

Salve Regina University403(b)

SALVE REGINA UNIVERSITY 403(B) RETIREMENT PLAN · NEWPORT, RI · plan year 2025

Reported admin expense ratio · 2025
0.11%

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

Salve Regina University reported $136,876 in plan administrative expenses for 2025: 0.11% of average plan assets, below the peer median. Employer contributions averaged $4,645 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 3 years on file its reported administrative ratio rose from 0.09% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other educational services employers. By assets it is the 38th-largest of 286 plans among Rhode Island employers on file, and the 426th of 3,091 in educational services. In 2025, the employer put in $1.11 for every $1.00 employees contributed themselves; active participation has grown from 458 to 529 since 2022.

Plan summary
Net assets, end of year$129,093,789
Participants with balances983
Active participants529
Employer contributions$2,457,181
Employee contributions$2,214,698
Employer contribution per active participant$4,645
Average account balance$131,326
Benefits paid to participants$9,036,028
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$129.1M · 983 accts · $2.5M emplr
2024$117.5M · 1,025 accts · $2.4M emplr
2023$111.4M · 1,001 accts · $2.3M emplr
2022$100.4M · 901 accts · $2.2M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$93,579
Investment management$26,000
Audit (IQPA)$16,000
Total administrative$136,876
Employer contributions to the Salve Regina University plan · 2025
Employer contribution per active participant$4,645
Median for plans this size$4,093
2025$4,645 per active participant
2024$4,699 per active participant
2023$4,428 per active participant
2022$4,795 per active participant

Salve Regina University's 2025 employer contribution ran above the $4,093 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
TIAA · Recordkeeping · Pension consulting$93,490
GLOBAL RETIREMENT PARTNERS, LLC · Investment management$26,000
CBIZ CPAS P.C. · Accounting / audit$16,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year3
2025TIAA
2024TIAA
2023TIAA

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$136,876 · 0.11%
2024$121,069 · 0.11%
2023$117,951 · 0.11%
2022$96,131 · 0.09%
Same employer
Similar plansEducational Services · Rhode Island
Johnson & Wales University RI$367.9M · 0.14%
Roger Williams University RI$359.8M · 0.06%
Bryant University RI$343.6M · 0.02%
The Wheeler School RI$70.3M · 0.11%
St. George's School RI$58.8M · 0.04%
Lincoln School RI$31.5M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050259080 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.