Plan Ledger DOL Form 5500 · updated monthly

Trocaire College401(k)

TROCAIRE COLLEGE 401(K) RETIREMENT SAVINGS PLAN · BUFFALO, NY · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Trocaire College reported $10,275 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,216 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 0.11% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in New York (3,420th of 5,648), and 2,004th of 3,091 in educational services. In 2024, employees put in $1.22 for every $1.00 the employer contributed; active participation has grown from 103 to 251 since 2022.

Plan summary
Net assets, end of year$11,371,586
Participants with balances205
Active participants251
Employer contributions$556,278
Employee contributions$678,674
Employer contribution per active participant$2,216
Average account balance$55,471
Benefits paid to participants$1,665,386
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.4M · 205 accts · $556K emplr
2023$10.6M · 228 accts · $680K emplr
2022$9.0M · 221 accts · $519K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,275
Total administrative$10,275
The Trocaire College 401(k) match · 2024
Employer contribution per active participant$2,216
Median for plans this size$2,416
2024$2,216 per active participant
2023$5,148 per active participant
2022$5,040 per active participant

Trocaire College's 2024 employer contribution ran below the $2,416 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 · 20241
ACTUARIAL CONSULTING SERVICES, INC. · Other servicesindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$10,275 · 0.09%
2023$7,785 · 0.08%
2022$9,310 · 0.11%
Similar plansEducational Services · New York
Nardin Academy NY$11.8M · 0.01%
Teaching Matters Inc NY$11.3M · 0.02%
The Park School of Buffalo NY$11.2M · 0.00%
Maria College NY$11.1M

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Source: U.S. Department of Labor, Form 5500 series, EIN 160909446 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.