Plan Ledger DOL Form 5500 · updated monthly

The Cooper Union for the Advancement of Science and Art403(b)

THE COOPER UNION DEFINED CONTRIBUTION RETIREMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

The Cooper Union for the Advancement of Science and Art reported $161,662 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $8,178 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 0.11%. 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 577th-largest of 5,648 plans among New York employers on file, and the 348th of 3,091 in educational services. In 2024, the employer put in $1.62 for every $1.00 employees contributed themselves; active participation has grown from 296 to 332 since 2022.

Plan summary
Net assets, end of year$155,734,297
Participants with balances859
Active participants332
Employer contributions$2,715,000
Employee contributions$1,674,737
Employer contribution per active participant$8,178
Average account balance$181,297
Benefits paid to participants$9,907,345
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$155.7M · 859 accts · $2.7M emplr
2023$144.6M · 847 accts · $2.5M emplr
2022$135.2M · 846 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,727
Investment management$62,941
Audit (IQPA)$22,880
Total administrative$161,662
Employer contributions to the The Cooper Union for the Advancement of Science and Art plan · 2024
Employer contribution per active participant$8,178
Median for plans this size$3,635
2024$8,178 per active participant
2023$8,013 per active participant
2022$8,844 per active participant

The Cooper Union for the Advancement of Science and Art's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20245
TIAA · Recordkeeping · Pension consulting$64,727
CAPTRUST · Investment management$50,648
GRANT THORNTON, LLP · Accounting / audit$22,880
CAMMACK LARHETTE ADVISORS · Investment management$12,293
BALLARD SPAHR, LLP · Legal$11,095

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

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Administrative cost history3
2024$161,662 · 0.11%
2023$132,484 · 0.09%
2022$86,616 · 0.06%
Same employer
Similar plansEducational Services · New York
New York Law School NY$164.9M · 0.07%
Nazareth University NY$163.3M · 0.07%
Ithaka Harbors, Inc. NY$161.1M · 0.11%
Alfred University NY$150.8M · 0.09%
Utica University NY$148.0M · 0.09%
Wagner College NY$144.0M · 0.08%
The Brearley School NY$139.1M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 135562985 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.