Plan Ledger DOL Form 5500 · updated monthly

Stevenson University, Inc.403(b)

STEVENSON UNIVERSITY, INC. RETIREMENT SAVINGS PLAN · STEVENSON, MD · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Stevenson University, Inc. reported $119,713 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $1,643 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 3 years on file its reported administrative ratio has held roughly steady near 0.105%. 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 145th-largest of 1,671 plans among Maryland employers on file, and the 461st of 3,091 in educational services. In 2024, employees put in $1.46 for every $1.00 the employer contributed; active participation has grown from 766 to 1,124 since 2022.

Plan summary
Net assets, end of year$117,778,178
Participants with balances956
Active participants1,124
Employer contributions$1,846,279
Employee contributions$2,701,738
Employer contribution per active participant$1,643
Average account balance$123,199
Benefits paid to participants$8,630,979
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$117.8M · 956 accts · $1.8M emplr
2023$110.3M · 908 accts · $1.8M emplr
2022$102.2M · 908 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,745
Investment management$38,002
Audit (IQPA)$16,300
Total administrative$119,713
Employer contributions to the Stevenson University, Inc. plan · 2024
Employer contribution per active participant$1,643
Median for plans this size$3,635
2024$1,643 per active participant
2023$2,112 per active participant
2022$2,232 per active participant

Stevenson University, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20243
TIAA · Recordkeeping · Pension consulting$61,745
FIDUCIENT ADVISORS, LLC · Investment advisory (plan)$38,002
BDO USA, P.C. · Accounting / audit$16,300

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$119,713 · 0.10%
2023$132,658 · 0.12%
2022$101,003 · 0.10%
Same employer
Similar plansEducational Services · Maryland
American Physical Society MD$142.7M · 0.09%
St. John's College MD$137.9M · 0.05%
McDaniel College MD$133.1M · 0.11%
Gilman School MD$108.2M · 0.11%
Connections Education, LLC. MD$106.4M · 0.14%
Washington College MD$103.7M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520705392 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.