Plan Ledger DOL Form 5500 · updated monthly

Trustees of Columbia University403(b)

RETIREMENT PLAN FOR OFFICERS OF COLUMBIA UNIVERSITY · NEW YORK, NY · 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 Columbia University reported $1,122,413 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $14,200 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 0.018% to 0.021%. 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 25th-largest of 5,648 plans among New York employers on file, and the 9th of 3,091 in educational services. In 2024, the employer put in $125.02 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$5,643,361,753
Participants with balances32,292
Active participants15,229
Employer contributions$216,244,208
Employee contributions$1,729,667
Employer contribution per active participant$14,200
Average account balance$174,760
Benefits paid to participants$244,600,732
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.6B · 32,292 accts · $216.2M emplr
2023$5.0B · 31,837 accts · $198.9M emplr
2022$4.4B · 31,600 accts · $186.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$769,984
Audit (IQPA)$50,300
Total administrative$1,122,413
Employer contributions to the Trustees of Columbia University plan · 2024
Employer contribution per active participant$14,200
Median for plans this size$5,259
2024$14,200 per active participant
2023$13,811 per active participant
2022$12,958 per active participant

Trustees of Columbia 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 · 20247
THE VANGUARD GROUP, INC · Recordkeeping$527,946
TIAA · Custodial (securities)$242,038
SEYFARTH SHAW · Legal$181,055
AON HEWITT INVESTMENT CONSULTING · Pension consulting$87,006
PRICEWATERHOUSECOOPERS LLP · Accounting / audit$50,300
WILLIS TOWERS WATSON US LLC · Consulting · Other services$34,068
CHARLES SCHWAB & CO., INC · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$1,122,413 · 0.02%
2023$1,045,228 · 0.02%
2022$836,583 · 0.02%
All plans at this employer4
RETIREMENT PLAN FOR OFFICERS OF COLUMBIA UNIVERSITY403(b)
COLUMBIA UNIVERSITY VOLUNTARY RETIREMENT SAVINGS PLAN403(b)
COLUMBIA UNIVERSITY DEFINED CONTRIBUTION PLAN FOR SUPPORTING STAFF403(b)
COLUMBIA UNIVERSITY DEFINED CONTRIBUTION PLAN - SUPPORTING STAFF ASSOCIATION AT THE COLLEGE OF PHYSICIANS AND SURGEONS403(b)
Same employer
Similar plansEducational Services · New York
Yale University CT$8.3B · 0.03%
University of Rochester NY$8.0B · 0.02%
New York University NY$5.4B · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 135598093 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.