Plan Ledger DOL Form 5500 · updated monthly

The College of Saint Rose403(b)

THE COLLEGE OF SAINT ROSE 403(B) RETIREMENT PLAN · ALBANY, NY · plan year 2023

Reported admin expense ratio · 2023
0.03%

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

The College of Saint Rose reported $38,942 in plan administrative expenses for 2023: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,302 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 1 year on file its reported administrative ratio rose from 0.01% to 0.03%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other educational services employers. By assets it is the 649th-largest of 5,648 plans among New York employers on file, and the 425th of 3,091 in educational services. In 2023, employees put in $2.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$129,256,773
Participants with balances1,072
Active participants464
Employer contributions$603,990
Employee contributions$1,344,553
Employer contribution per active participant$1,302
Average account balance$120,575
Benefits paid to participants$7,592,317
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $266K emplr
2023$129.3M · 1,072 accts · $604K emplr
2022$118.4M · 1,074 accts · $567K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$5,192
Investment management$33,750
Total administrative$38,942
Employer contributions to the The College of Saint Rose plan · 2023
Employer contribution per active participant$1,302
Median for plans this size$3,659
2023$1,302 per active participant
2022$1,187 per active participant

The College of Saint Rose's 2023 employer contribution ran below the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
TIAA · Recordkeeping · Pension consulting$5,192
CAPTRUST · Investment management$33,750

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
2024Not separately reported
2023$38,942 · 0.03%
2022$15,325 · 0.01%
Same employer
Similar plansEducational Services · New York
Collegiate School NY$135.8M · 0.07%
Practising Law Institute NY$132.5M · 0.03%
Manhattanville College NY$122.8M · 0.06%
Mercy University NY$121.4M · 0.04%
Russell Sage College NY$116.8M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141338371 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.