Plan Ledger DOL Form 5500 · updated monthly

Seton Hill University403(b)

SETON HILL UNIVERSITY 403(B) PLAN · GREENSBURG, PA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Seton Hill University reported $49,073 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $4,380 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 0.05% to 0.07%. 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 631st-largest of 3,651 plans among Pennsylvania employers on file, and the 718th of 3,091 in educational services. In 2024, employees put in $1.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$69,257,661
Participants with balances685
Active participants349
Employer contributions$1,528,739
Employee contributions$1,627,277
Employer contribution per active participant$4,380
Average account balance$101,106
Benefits paid to participants$5,171,760
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$69.3M · 685 accts · $1.5M emplr
2023$64.9M · 683 accts · $1.5M emplr
2022$59.5M · 664 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,396
Investment management$11,566
Audit (IQPA)$36,111
Total administrative$49,073
Employer contributions to the Seton Hill University plan · 2024
Employer contribution per active participant$4,380
Median for plans this size$3,635
2024$4,380 per active participant
2023$4,310 per active participant
2022$4,050 per active participant

Seton Hill University's 2024 employer contribution ran above the $3,635 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 · 20244
TIAA · Contract administrator · Recordkeeping$1,396
SETON HILL UNIVERSITY · Accounting / audit · Other services$36,111
GLOBAL RETIREMENT PARTNERS · Investment advisory (plan) · Investment management$18,000
HENDERSON BROS FINANCIAL PTRS · Investment advisory (plan) · Investment management$6,000

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$49,073 · 0.07%
2023$16,635 · 0.03%
2022$27,345 · 0.05%
Same employer
Similar plansEducational Services · Pennsylvania
Westminster College PA$78.2M · 0.02%
Shady Side Academy PA$75.2M · 0.22%
The Hill School PA$69.9M · 0.16%
Neumann University PA$63.4M · 0.13%
Waynesburg University PA$59.1M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 250965557 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.