Plan Ledger DOL Form 5500 · updated monthly

The University of Tulsa403(b)

THE UNIVERSITY OF TULSA DEFINED CONTRIBUTION RETIREMENT PLAN · TULSA, OK · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

The University of Tulsa reported $60,200 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,543 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 0.00% to 0.01%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other educational services employers. By assets it is the 22nd-largest of 724 plans among Oklahoma employers on file, and the 130th of 3,091 in educational services. In 2024, employees put in $1.85 for every $1.00 the employer contributed; active participation has grown from 1,009 to 1,173 since 2022.

Plan summary
Net assets, end of year$427,398,496
Participants with balances3,093
Active participants1,173
Employer contributions$2,983,490
Employee contributions$5,519,873
Employer contribution per active participant$2,543
Average account balance$138,183
Benefits paid to participants$32,903,069
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$427.4M · 3,093 accts · $3.0M emplr
2023$403.5M · 3,048 accts · $2.6M emplr
2022$368.0M · 3,005 accts · $975K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$200
Investment management$60,000
Total administrative$60,200
Employer contributions to the The University of Tulsa plan · 2024
Employer contribution per active participant$2,543
Median for plans this size$4,294
2024$2,543 per active participant
2023$2,212 per active participant
2022$967 per active participant

The University of Tulsa's 2024 employer contribution ran below the $4,294 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 · 20242
TIAA · Recordkeeping · Pension consulting$200
BOKF, NA · Investment management$60,000

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$60,200 · 0.01%
2023$45,250 · 0.01%
2022$675 · 0.00%
Same employer
Similar plansEducational Services · Oklahoma
Loyola University Maryland MD$441.4M · 0.05%
Barnard College NY$441.2M · 0.06%
Act, Inc. IA$425.7M · 0.08%
Widener University PA$424.8M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 730579298 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.