Plan Ledger DOL Form 5500 · updated monthly

Wilkes University403(b)

TIAA-CREF RETIREMENT PLAN FOR FACULTY AND ADMINISTRATORS OF WILKES UNIVERSITY · WILKES-BARRE, PA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Wilkes University reported $73,968 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,554 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 0.05% to 0.03%. 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 262nd-largest of 3,651 plans among Pennsylvania employers on file, and the 254th of 3,091 in educational services. In 2024, employees put in $1.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$223,554,384
Participants with balances1,205
Active participants564
Employer contributions$2,568,525
Employee contributions$3,171,280
Employer contribution per active participant$4,554
Average account balance$185,522
Benefits paid to participants$11,934,480
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$223.6M · 1,205 accts · $2.6M emplr
2023$205.0M · 1,182 accts · $2.3M emplr
2022$141.6M · 1,110 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,650
Audit (IQPA)$20,000
Total administrative$73,968
Employer contributions to the Wilkes University plan · 2024
Employer contribution per active participant$4,554
Median for plans this size$3,635
2024$4,554 per active participant
2023$3,719 per active participant
2022$4,501 per active participant

Wilkes University'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 · 20243
TIAA · Recordkeeping · Pension consulting$2,650
FIDUCIENT ADVISORS, LLC · Pension consulting$47,038
SCHNEIDER DOWNS & CO., INC. · Accounting / audit$20,000

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$73,968 · 0.03%
2023$78,946 · 0.05%
2022$71,386 · 0.05%
All plans at this employer2
TIAA-CREF RETIREMENT PLAN FOR FACULTY AND ADMINISTRATORS OF WILKES UNIVERSITY403(b)
TIAA-CREF TAX DEFERRED RETIREMENT ANNUITY PLAN FOR ALL WILKES UNIVERSITY PERSONNEL403(b)
Same employer
Similar plansEducational Services · Pennsylvania
Bryn Mawr College PA$329.3M · 0.07%
Haverford College PA$260.0M · 0.01%
La Salle University PA$228.8M · 0.05%
Seg Inc. PA$217.0M · 0.27%
Milton Hershey School PA$214.3M · 0.03%
York College of Pennsylvania PA$202.9M · 0.10%
Robert Morris University PA$187.6M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 240795506 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.