Plan Ledger DOL Form 5500 · updated monthly

Vanderbilt University403(b)

VANDERBILT UNIVERSITY RETIREMENT PLAN · NASHVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Vanderbilt University reported $654,661 in plan administrative expenses for 2024: 0.03% of average plan assets, below the peer median. Employer contributions averaged $3,975 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 0.035% to 0.027%. 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 13th-largest of 1,496 plans among Tennessee employers on file, and the 25th of 3,091 in educational services. In 2024, employees put in $1.89 for every $1.00 the employer contributed; active participation has grown from 7,441 to 8,410 since 2022.

Plan summary
Net assets, end of year$2,506,327,745
Participants with balances18,151
Active participants8,410
Employer contributions$33,431,381
Employee contributions$63,064,403
Employer contribution per active participant$3,975
Average account balance$138,082
Benefits paid to participants$199,245,381
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.5B · 18,151 accts · $33.4M emplr
2023$2.3B · 17,356 accts · $25.0M emplr
2022$2.1B · 16,272 accts · $21.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$654,661
Total administrative$654,661
Employer contributions to the Vanderbilt University plan · 2024
Employer contribution per active participant$3,975
Median for plans this size$5,259
2024$3,975 per active participant
2023$3,195 per active participant
2022$2,922 per active participant

Vanderbilt University's 2024 employer contribution ran below the $5,259 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$345,616
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$315,454

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$654,661 · 0.03%
2023$566,787 · 0.03%
2022$790,569 · 0.03%
Same employer
Similar plansEducational Services · Tennessee
Northeastern University MA$2.6B · 0.01%
Georgetown University DC$2.5B · 0.01%
Princeton University NJ$2.4B · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620476822 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.