Plan Ledger DOL Form 5500 · updated monthly

University of Indianapolis403(b)

UNIVERSITY OF INDIANAPOLIS DEFINED CONTRIBUTION RETIREMENT PLAN · INDIANAPOLIS, IN · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

University of Indianapolis reported $12,500 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,448 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 0.03% to 0.01%. 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 88th-largest of 1,562 plans among Indiana employers on file, and the 324th of 3,091 in educational services. In 2024, employees put in $1.35 for every $1.00 the employer contributed; active participation has grown from 868 to 1,564 since 2022.

Plan summary
Net assets, end of year$172,469,031
Participants with balances1,326
Active participants1,564
Employer contributions$2,265,290
Employee contributions$3,057,686
Employer contribution per active participant$1,448
Average account balance$130,067
Benefits paid to participants$12,967,410
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$172.5M · 1,326 accts · $2.3M emplr
2023$160.1M · 1,326 accts · $2.4M emplr
2022$147.3M · 1,328 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Investment management$12,500
Total administrative$12,500
Employer contributions to the University of Indianapolis plan · 2024
Employer contribution per active participant$1,448
Median for plans this size$3,635
2024$1,448 per active participant
2023$1,560 per active participant
2022$2,354 per active participant

University of Indianapolis's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20241
MORGAN STANLEY DOMESTIC HOLDINGS · Investment advisory (plan)$12,500

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$12,500 · 0.01%
2023$15,936 · 0.01%
2022$51,087 · 0.03%
Same employer
Similar plansEducational Services · Indiana
Depauw University IN$251.6M · 0.08%
University of Evansville IN$193.2M · 0.05%
St. Mary's College IN$143.7M · 0.03%
Wabash College IN$119.2M · 0.11%
Purdue Research Foundation IN$86.9M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 350868107 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.