Plan Ledger DOL Form 5500 · updated monthly

Siena College403(b)

SIENA COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN · LOUDONVILLE, NY · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Siena College reported $216,440 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $4,706 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 0.08% 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 382nd-largest of 5,648 plans among New York employers on file, and the 222nd of 3,091 in educational services. In 2024, the employer put in $1.09 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$257,198,723
Participants with balances1,472
Active participants922
Employer contributions$4,338,771
Employee contributions$3,987,399
Employer contribution per active participant$4,706
Average account balance$174,727
Benefits paid to participants$20,114,555
Plan auditDisclaimer of opinion
AuditorUHY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$257.2M · 1,472 accts · $4.3M emplr
2023$240.5M · 1,454 accts · $4.2M emplr
2022$212.5M · 1,443 accts · $4.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$216,440
Total administrative$216,440
Employer contributions to the Siena College plan · 2024
Employer contribution per active participant$4,706
Median for plans this size$3,635
2024$4,706 per active participant
2023$4,453 per active participant
2022$4,332 per active participant

Siena College'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
FIDUCIENT ADVISORS, LLC$45,651
UHY LLP$19,608
BARCLAY DAMON LLC$5,414

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$216,440 · 0.09%
2023$183,883 · 0.08%
2022$174,178 · 0.08%
Same employer
Similar plansEducational Services · New York
Manhattan College NY$291.1M · 0.05%
Iona University NY$268.0M · 0.07%
The Dalton Schools, Inc. NY$260.5M · 0.06%
Pratt Institute NY$258.3M · 0.06%
Horace Mann School NY$252.2M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141338498 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.