Plan Ledger DOL Form 5500 · updated monthly

St. Francis College403(b)

ST. FRANCIS COLLEGE RETIREMENT PLAN · BROOKLYN, NY · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

St. Francis College reported $79,637 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $3,326 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 0.06% to 0.08%. 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 804th-largest of 5,648 plans among New York employers on file, and the 532nd of 3,091 in educational services. In 2024, employees put in $1.23 for every $1.00 the employer contributed; active participation has shrunk from 292 to 228 since 2022.

Plan summary
Net assets, end of year$99,210,696
Participants with balances660
Active participants228
Employer contributions$758,246
Employee contributions$935,932
Employer contribution per active participant$3,326
Average account balance$150,319
Benefits paid to participants$7,787,846
Plan auditDisclaimer of opinion
AuditorWITHUMSMITHBROWN, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$99.2M · 660 accts · $758K emplr
2023$94.6M · 689 accts · $899K emplr
2022$89.7M · 690 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,837
Investment management$15,000
Audit (IQPA)$20,800
Total administrative$79,637
Employer contributions to the St. Francis College plan · 2024
Employer contribution per active participant$3,326
Median for plans this size$3,635
2024$3,326 per active participant
2023$3,553 per active participant
2022$6,716 per active participant

St. Francis College'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
TIAA · Recordkeeping · Pension consulting$43,837
WITHUMSMITHBROWN, P.C. · Accounting / audit$20,800
GALLAGHER BENEFIT SERVICES, INC. · Investment management$15,000

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

Recordkeeper by year2
2024TIAA
2023TIAA

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

Administrative cost history3
2024$79,637 · 0.08%
2023$63,197 · 0.07%
2022$61,947 · 0.06%
Same employer
Similar plansEducational Services · New York
Poly Prep Country Day School NY$103.0M · 0.13%
Daemen University NY$102.7M · 0.13%
Monroe College, LTD. NY$100.8M · 0.37%
Uncommon Schools, Inc. NY$98.2M · 0.27%
Mount Saint Mary College NY$96.2M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 111635105 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.