Plan Ledger DOL Form 5500 · updated monthly

University School403(b)

UNIVERSITY SCHOOL RETIREMENT SAVINGS PLAN · SHAKER HEIGHTS, OH · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

University School reported $31,250 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,696 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 has held roughly steady near 0.042%. 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 455th-largest of 3,295 plans among Ohio employers on file, and the 663rd of 3,091 in educational services. In 2024, employees put in $1.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$77,820,571
Participants with balances488
Active participants232
Employer contributions$1,553,573
Employee contributions$1,609,757
Employer contribution per active participant$6,696
Average account balance$159,468
Benefits paid to participants$5,209,711
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$77.8M · 488 accts · $1.6M emplr
2023$71.2M · 495 accts · $1.5M emplr
2022$64.1M · 487 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$800
Investment management$30,450
Total administrative$31,250
Employer contributions to the University School plan · 2024
Employer contribution per active participant$6,696
Median for plans this size$3,635
2024$6,696 per active participant
2023$6,680 per active participant
2022$6,101 per active participant

University School's 2024 employer contribution ran above 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 · 20242
TIAA · Recordkeeping · Pension consulting$800
WALDEN WEALTH PARTNERS LLC · Investment management$30,450

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

Recordkeeper by year2
2024TIAA
2023TIAA

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

Administrative cost history3
2024$31,250 · 0.04%
2023$28,050 · 0.04%
2022Not separately reported
Same employer
Similar plansEducational Services · Ohio
Muskingum University OH$91.2M · 0.05%
The Columbus Academy OH$86.8M · 0.03%
Marietta College OH$81.8M · 0.08%
Mount St. Joseph University OH$67.6M · 0.08%
The Seven Hills School OH$64.9M · 0.08%
Hiram College OH$63.4M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340714720 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.