Plan Ledger DOL Form 5500 · updated monthly

Vassar College403(b)

VASSAR COLLEGE 403(B) RETIREMENT PLAN · POUGHKEEPSIE, NY · plan year 2024

Employer contribution per participant · 2024
$4,736

Vassar College's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $550,799,851 across 3,107 participant accounts, with employer contributions averaging $4,736 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio fell from 0.04% to 0.02%. 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 210th-largest of 5,648 plans among New York employers on file, and the 96th of 3,091 in educational services. In 2024, the employer put in $1.10 for every $1.00 employees contributed themselves; active participation has shrunk from 2,381 to 1,878 since 2022.

Plan summary
Net assets, end of year$550,799,851
Participants with balances3,107
Active participants1,878
Employer contributions$8,895,001
Employee contributions$8,112,801
Employer contribution per active participant$4,736
Average account balance$177,277
Benefits paid to participants$37,822,981
Plan auditUnmodified (clean) audit opinion
AuditorRBT CPAS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$550.8M · 3,107 accts · $8.9M emplr
2023$510.7M · 2,913 accts · $8.2M emplr
2022$463.7M · 3,170 accts · $7.7M emplr
Administrative expenses, itemized · 2024
Investment management$1,493
Total administrative-$20,338
Employer contributions to the Vassar College plan · 2024
Employer contribution per active participant$4,736
Median for plans this size$4,294
2024$4,736 per active participant
2023$5,039 per active participant
2022$3,243 per active participant

Vassar College's 2024 employer contribution ran above 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.

Service providers · 20242
TIAA · Recordkeeping · Pension consulting$82,341
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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
2024TIAA
2023TIAA

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

Administrative cost history3
2024Not separately reported
2023$82,065 · 0.02%
2022$215,200 · 0.04%
Same employer
Similar plansEducational Services · New York
Ithaca College NY$635.3M · 0.08%
Colgate University NY$567.8M · 0.05%
Adelphi University NY$473.2M · 0.03%
Touro University NY$458.1M · 0.06%
Barnard College NY$441.2M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141338587 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.