Plan Ledger DOL Form 5500 · updated monthly

St. John's University403(b)

ST. JOHN'S UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN · JAMAICA, NY · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

St. John's University reported $334,307 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,279 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 0.020% to 0.024%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other educational services employers. By assets it is the 92nd-largest of 5,648 plans among New York employers on file, and the 38th of 3,091 in educational services. In 2024, employees put in $1.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,448,743,593
Participants with balances4,205
Active participants3,106
Employer contributions$13,289,759
Employee contributions$17,253,065
Employer contribution per active participant$4,279
Average account balance$344,529
Benefits paid to participants$96,223,835
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.4B · 4,205 accts · $13.3M emplr
2023$1.4B · 4,161 accts · $12.9M emplr
2022$1.2B · 4,033 accts · $12.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$205,129
Investment management$101,398
Audit (IQPA)$27,780
Total administrative$334,307
Employer contributions to the St. John's University plan · 2024
Employer contribution per active participant$4,279
Median for plans this size$5,259
2024$4,279 per active participant
2023$4,155 per active participant
2022$3,664 per active participant

St. John's University's 2024 employer contribution ran below the $5,259 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
TIAA · Recordkeeping · Pension consulting$135,964
FIDUCIENT ADVISORS, LLC · Investment management$101,398
FIDELITY INV INST OPERATIONS CO INC · Loan processing$69,165
GRANT THORNTON LLP · Accounting / audit$27,780

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$334,307 · 0.02%
2023$326,846 · 0.03%
2022$262,186 · 0.02%
Same employer
Similar plansEducational Services · New York
Cornell University NY$3.0B · 0.01%
Syracuse University NY$1.7B · 0.01%
Fordham University NY$1.7B · 0.06%
Hofstra University NY$1.3B · 0.03%
Long Island University NY$1.1B · 0.03%
Research Foundation of Cuny NY$929.2M · 0.06%
Pace University NY$881.5M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 111630830 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.