Plan Ledger DOL Form 5500 · updated monthly

Skidmore College403(b)

SKIDMORE 403(B) RETIREMENT PLAN · SARATOGA SPRINGS, NY · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Skidmore College reported $156,969 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $4,174 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 0.02% to 0.04%. 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 290th-largest of 5,648 plans among New York employers on file, and the 153rd of 3,091 in educational services. In 2024, the employer put in $1.44 for every $1.00 employees contributed themselves; active participation has grown from 830 to 1,752 since 2022.

Plan summary
Net assets, end of year$368,417,290
Participants with balances2,060
Active participants1,752
Employer contributions$7,312,428
Employee contributions$5,083,192
Employer contribution per active participant$4,174
Average account balance$178,843
Benefits paid to participants$41,604,398
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$368.4M · 2,060 accts · $7.3M emplr
2023$345.1M · 1,947 accts · $6.5M emplr
2022$300.0M · 1,885 accts · $6.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$148,489
Total administrative$156,969
Employer contributions to the Skidmore College plan · 2024
Employer contribution per active participant$4,174
Median for plans this size$4,294
2024$4,174 per active participant
2023$7,572 per active participant
2022$7,280 per active participant

Skidmore College's 2024 employer contribution ran below 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
VANGUARD GROUP INC. · Recordkeeping$8,480
TIAA$102,338
FIDUCIENT ADVISORS, LLC$47,196

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$156,969 · 0.04%
2023$64,143 · 0.02%
2022$62,244 · 0.02%
All plans at this employer2
SKIDMORE 403(B) RETIREMENT PLAN403(b)
SKIDMORE COLLEGE 403(B) RETIREMENT PLAN FOR EMPLOYEES REPRESENTED BY UPSEU LOCAL 1222403(b)
Same employer
Similar plansEducational Services · New York
Barnard College NY$441.2M · 0.06%
Union College NY$407.4M · 0.03%
Clarkson University NY$372.7M · 0.05%
Hamilton College NY$351.8M · 0.05%
St. Lawrence University NY$345.6M · 0.05%
Marist College NY$341.9M · 0.10%
Manhattan College NY$291.1M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141338562 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.