Plan Ledger DOL Form 5500 · updated monthly

Southern New Hampshire University401(k)

SOUTHERN NEW HAMPSHIRE UNIVERSITY 401K · MANCHESTER, NH · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Southern New Hampshire University reported $310,151 in plan administrative expenses for 2024: 0.11% of average plan assets, above the peer median. Employer contributions averaged $1,797 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.

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 12th-largest of 411 plans among New Hampshire employers on file, and the 201st of 3,091 in educational services. In 2024, the employer put in $1.68 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$285,011,176
Participants with balances9,376
Active participants15,883
Employer contributions$28,545,742
Employee contributions$17,006,459
Employer contribution per active participant$1,797
Average account balance$30,398
Benefits paid to participants$16,524,937
Plan auditUnmodified (clean) audit opinion
AuditorGRAY, GRAY, AND GRAY LLP
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$310,151
Total administrative$310,151
The Southern New Hampshire University 401(k) match · 2024
Employer contribution per active participant$1,797
Median for plans this size$4,294

Southern New Hampshire University's 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom quarter of its peers. 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 · 20241
FID INVST INSTL OPS CO · Consulting · Loan processing$304,163

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

Administrative cost history1
2024$310,151 · 0.11%
All plans at this employer2
SOUTHERN NEW HAMPSHIRE UNIVERSITY RETIREMENT PLAN AND TRUSTMoney purchase plan
SOUTHERN NEW HAMPSHIRE UNIVERSITY 401K401(k)
Same employer
Similar plansEducational Services · New Hampshire
Manhattan College NY$291.1M · 0.05%
Cable One, Inc. AZ$284.7M · 0.13%
University of Portland OR$280.0M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020274509 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.