Plan Ledger DOL Form 5500 · updated monthly

The University of Chicago403(b)

THE UNIVERSITY OF CHICAGO CONTRIBUTORY RETIREMENT PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

The University of Chicago reported $328,708 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $12,494 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 fell from 0.012% to 0.009%. 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 23rd-largest of 3,702 plans among Illinois employers on file, and the 17th of 3,091 in educational services. In 2024, the employer put in $1.58 for every $1.00 employees contributed themselves; active participation has grown from 4,794 to 5,360 since 2022.

Plan summary
Net assets, end of year$3,844,546,742
Participants with balances10,635
Active participants5,360
Employer contributions$66,967,947
Employee contributions$42,352,243
Employer contribution per active participant$12,494
Average account balance$361,499
Benefits paid to participants$200,498,911
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.8B · 10,635 accts · $67.0M emplr
2023$3.5B · 10,438 accts · $62.2M emplr
2022$3.1B · 10,238 accts · $76.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$298,969
Investment management$29,739
Total administrative$328,708
Employer contributions to the The University of Chicago plan · 2024
Employer contribution per active participant$12,494
Median for plans this size$5,259
2024$12,494 per active participant
2023$12,061 per active participant
2022$15,879 per active participant

The University of Chicago's 2024 employer contribution ran above the $5,259 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 · 20242
TIAA · Recordkeeping · Pension consulting$298,970
HEWITT ENNISKNUPP, INC · Investment management$29,739

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$328,708 · 0.01%
2023$396,157 · 0.01%
2022$395,673 · 0.01%
All plans at this employer3
THE UNIVERSITY OF CHICAGO CONTRIBUTORY RETIREMENT PLAN403(b)
THE UNIVERSITY OF CHICAGO RETIREMENT INCOME PLAN FOR EMPLOYEES403(b)
THE UNIVERSITY OF CHICAGO SUPPLEMENTAL RETIREMENT PLAN403(b)
Same employer
Similar plansEducational Services · Illinois
Northwestern University IL$4.4B · 0.01%
Cornell University NY$3.0B · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362177139 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.