Plan Ledger DOL Form 5500 · updated monthly

Villa Maria College of Buffalo403(b)

VILLA MARIA COLLEGE OF BUFFALO RETIREMENT PLAN · BUFFALO, NY · plan year 2023

Reported admin expense ratio · 2023
0.15%

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

Villa Maria College of Buffalo reported $12,803 in plan administrative expenses for 2023: 0.15% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,279 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 rose from 0.13% to 0.17%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in New York (3,742nd of 5,648), and 2,176th of 3,091 in educational services. In 2023, employees put in $1.55 for every $1.00 the employer contributed; active participation has shrunk from 93 to 80 since 2022.

Plan summary
Net assets, end of year$9,113,909
Participants with balances169
Active participants80
Employer contributions$182,296
Employee contributions$281,832
Employer contribution per active participant$2,279
Average account balance$53,928
Benefits paid to participants$316,632
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.0M · 170 accts · $194K emplr
2023$9.1M · 169 accts · $182K emplr
2022$7.5M · 165 accts · $146K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$12,803
Total administrative$12,803
Employer contributions to the Villa Maria College of Buffalo plan · 2023
Employer contribution per active participant$2,279
Median for plans this size$1,308
2024$2,203 per active participant
2023$2,279 per active participant
2022$1,575 per active participant

Villa Maria College of Buffalo's 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
TIAA$12,803

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$15,600 · 0.17%
2023$12,803 · 0.15%
2022$10,380 · 0.13%
Similar plansEducational Services · New York
The Posse Foundation NY$9.2M · 0.06%
Scope Education Services NY$8.8M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160871487 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.