Plan Ledger DOL Form 5500 · updated monthly

Trustees of Boston University403(b)

BOSTON UNIVERSITY RETIREMENT PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Trustees of Boston University reported $552,207 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $11,610 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 0.025% to 0.019%. 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 18th-largest of 2,726 plans among Massachusetts employers on file, and the 19th of 3,091 in educational services.

Plan summary
Net assets, end of year$2,976,139,000
Participants with balances16,667
Active participants8,863
Employer contributions$102,901,066
Employee contributions—
Employer contribution per active participant$11,610
Average account balance$178,565
Benefits paid to participants$207,506,058
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.0B · 16,667 accts · $102.9M emplr
2023$2.8B · 16,231 accts · $94.9M emplr
2022$2.5B · 16,162 accts · $91.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$459,708
Investment management$91,997
Total administrative$552,207
Employer contributions to the Trustees of Boston University plan · 2024
Employer contribution per active participant$11,610
Median for plans this size$5,259
2024$11,610 per active participant
2023$11,607 per active participant
2022$11,305 per active participant

Trustees of Boston University'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$32,499

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$552,207 · 0.02%
2023$487,613 · 0.02%
2022$662,052 · 0.02%
All plans at this employer2
BOSTON UNIVERSITY RETIREMENT PLAN403(b)
BOSTON UNIVERSITY SUPPLEMENTAL RETIREMENT AND SAVINGS PLAN403(b)
Same employer
Similar plansEducational Services · Massachusetts
Northeastern University MA$2.6B · 0.01%
Trustees of Tufts College MA$1.0B · 0.05%
Brandeis University MA$923.1M · 0.04%
Wellesley College MA$787.3M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042103547 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.