Plan Ledger DOL Form 5500 · updated monthly

University of Dubuque403(b)

UNIVERSITY OF DUBUQUE EMPLOYEES' 403(B) PLAN · DUBUQUE, IA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

University of Dubuque reported $15,296 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,050 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 0.020% to 0.021%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 126th-largest of 878 plans among Iowa employers on file, and the 679th of 3,091 in educational services. In 2024, employees put in $1.19 for every $1.00 the employer contributed; active participation has grown from 468 to 700 since 2022.

Plan summary
Net assets, end of year$75,088,372
Participants with balances950
Active participants700
Employer contributions$1,435,190
Employee contributions$1,710,307
Employer contribution per active participant$2,050
Average account balance$79,040
Benefits paid to participants$5,445,770
Plan auditDisclaimer of opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$75.1M · 950 accts · $1.4M emplr
2023$68.2M · 934 accts · $1.4M emplr
2022$59.5M · 742 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,296
Total administrative$15,296
Employer contributions to the University of Dubuque plan · 2024
Employer contribution per active participant$2,050
Median for plans this size$3,635
2024$2,050 per active participant
2023$2,100 per active participant
2022$3,113 per active participant

University of Dubuque's 2024 employer contribution ran below the $3,635 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
NEWPORT GROUP, INC. · Contract administrator · Recordkeeping$15,296

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$15,296 · 0.02%
2023$14,610 · 0.02%
2022$12,715 · 0.02%
Same employer
Similar plansEducational Services · Iowa
Drake University IA$297.1M · 0.06%
St. Ambrose University IA$122.5M · 0.19%
Coe College IA$77.0M · 0.10%
Simpson College IA$74.8M · 0.06%
Dordt University IA$61.2M · 0.00%
Northwestern College IA$53.0M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420680323 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.