Plan Ledger DOL Form 5500 · updated monthly

St. Ambrose University403(b)

ST. AMBROSE UNIVERSITY DEFINED CONTRIBUTION PLAN · DAVENPORT, IA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

St. Ambrose University reported $225,976 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $2,468 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 0.14% to 0.19%. 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 80th-largest of 878 plans among Iowa employers on file, and the 443rd of 3,091 in educational services. In 2024, employees put in $1.62 for every $1.00 the employer contributed; active participation has grown from 523 to 680 since 2022.

Plan summary
Net assets, end of year$122,526,399
Participants with balances835
Active participants680
Employer contributions$1,678,465
Employee contributions$2,726,481
Employer contribution per active participant$2,468
Average account balance$146,738
Benefits paid to participants$13,304,481
Plan auditDisclaimer of opinion
AuditorANDERSON, LOWER, WHITLOW, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$122.5M · 835 accts · $1.7M emplr
2023$117.9M · 829 accts · $1.7M emplr
2022$104.8M · 801 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$91,717
Investment management$196,324
Total administrative$225,976
Employer contributions to the St. Ambrose University plan · 2024
Employer contribution per active participant$2,468
Median for plans this size$3,635
2024$2,468 per active participant
2023$2,384 per active participant
2022$3,224 per active participant

St. Ambrose University's 2024 employer contribution ran below 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 · 20243
CAMBRIDGE INVESTMENT RESEARCH, INC.$149,048
TWO WEST CAPITAL ADVISORS$46,351

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$225,976 · 0.19%
2023$205,982 · 0.18%
2022$155,029 · 0.14%
Same employer
Similar plansEducational Services · Iowa
Act, Inc. IA$425.7M · 0.08%
Trustees of Grinnell College IA$374.4M · 0.07%
Drake University IA$297.1M · 0.06%
Coe College IA$77.0M · 0.10%
University of Dubuque IA$75.1M · 0.02%
Simpson College IA$74.8M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420703280 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.