Plan Ledger DOL Form 5500 · updated monthly

Seton Hall University403(b)

SETON HALL UNIVERSITY RETIREMENT PLAN · SOUTH ORANGE, NJ · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Seton Hall University reported $205,517 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,571 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 0.01% to 0.03%. 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 97th-largest of 2,419 plans among New Jersey employers on file, and the 69th of 3,091 in educational services. In 2024, employees put in $1.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$691,014,580
Participants with balances2,970
Active participants1,276
Employer contributions$8,385,069
Employee contributions$8,403,592
Employer contribution per active participant$6,571
Average account balance$232,665
Benefits paid to participants$32,829,798
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$691.0M · 2,970 accts · $8.4M emplr
2023$628.1M · 2,933 accts · $8.0M emplr
2022$559.1M · 2,927 accts · $8.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$99,703
Investment management$85,194
Audit (IQPA)$20,620
Total administrative$205,517
Employer contributions to the Seton Hall University plan · 2024
Employer contribution per active participant$6,571
Median for plans this size$4,294
2024$6,571 per active participant
2023$6,428 per active participant
2022$6,976 per active participant

Seton Hall University's 2024 employer contribution ran above the $4,294 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
TIAA · Recordkeeping · Pension consulting$99,703
FIDUCIENT ADVISORS, LLC · Investment management$85,194
GRANT THORNTON, LLP · Accounting / audit$20,620

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$205,517 · 0.03%
2023$140,791 · 0.02%
2022$62,934 · 0.01%
Same employer
Similar plansEducational Services · New Jersey
Princeton University NJ$2.4B · 0.01%
Educational Testing Service NJ$982.3M · 0.02%
Monmouth University, Inc. NJ$359.0M · 0.08%
Rider University NJ$325.3M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221500645 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.