Plan Ledger DOL Form 5500 · updated monthly

University of St. Thomas403(b)

UNIVERSITY OF ST. THOMAS RETIREMENT PLAN · ST. PAUL, MN · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

University of St. Thomas reported $188,764 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $4,069 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 0.41% to 0.04%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other educational services employers. By assets it is the 90th-largest of 1,918 plans among Minnesota employers on file, and the 122nd of 3,091 in educational services. In 2024, the employer put in $1.04 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$459,707,522
Participants with balances3,107
Active participants2,605
Employer contributions$10,598,636
Employee contributions$10,190,294
Employer contribution per active participant$4,069
Average account balance$147,959
Benefits paid to participants$44,828,210
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$459.7M · 3,107 accts · $10.6M emplr
2023$422.5M · 3,100 accts · $10.6M emplr
2022$358.0M · 3,620 accts · $10.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$180,844
Investment management$7,920
Total administrative$188,764
Employer contributions to the University of St. Thomas plan · 2024
Employer contribution per active participant$4,069
Median for plans this size$4,294
2024$4,069 per active participant
2023$4,486 per active participant
2022$4,099 per active participant

University of St. Thomas's 2024 employer contribution ran below the $4,294 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 · 20245
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$178,048
FIDELITY INVESTMENTS · Recordkeeping$2,580
TIAA · Recordkeeping$216
CHARLES SCHWAB & CO., INC. · Securities brokerage$769
NATIONAL FINANCIAL SERVICES · 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
2024Fidelity, TIAA, Transamerica
2023Transamerica

This plan has changed recordkeepers within these filings. If you left University of St. Thomas before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$188,764 · 0.04%
2023$778,815 · 0.20%
2022$1,599,515 · 0.41%
Same employer
Similar plansEducational Services · Minnesota
University of San Francisco CA$468.2M · 0.05%
Swarthmore College PA$462.5M · 0.02%
Touro University NY$458.1M · 0.06%
University of Hartford CT$457.5M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410693970 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.