Plan Ledger DOL Form 5500 · updated monthly

Xavier University403(b)

XAVIER UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Xavier University reported $278,743 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $3,404 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 0.074% to 0.070%. 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 123rd-largest of 3,295 plans among Ohio employers on file, and the 136th of 3,091 in educational services. In 2024, employees put in $1.16 for every $1.00 the employer contributed; active participation has grown from 1,461 to 1,871 since 2022.

Plan summary
Net assets, end of year$410,645,368
Participants with balances2,305
Active participants1,871
Employer contributions$6,369,600
Employee contributions$7,402,819
Employer contribution per active participant$3,404
Average account balance$178,154
Benefits paid to participants$37,280,015
Plan auditDisclaimer of opinion
AuditorPLANTE & MORAN, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$410.6M · 2,305 accts · $6.4M emplr
2023$388.9M · 2,416 accts · $6.8M emplr
2022$348.6M · 2,406 accts · $6.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$172,913
Investment management$75,000
Audit (IQPA)$10,500
Total administrative$278,743
Employer contributions to the Xavier University plan · 2024
Employer contribution per active participant$3,404
Median for plans this size$4,294
2024$3,404 per active participant
2023$3,486 per active participant
2022$4,378 per active participant

Xavier University's 2024 employer contribution ran below 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.

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 · 20244
TIAA · Recordkeeping · Pension consulting$171,586
CORNERSTONE ADVISORS ASSET MGT LLC · Investment management$75,000
BRICKER & GRAYDON LLP · Legal$20,330
PLANTE & MORAN, LLC · Accounting / audit$10,500

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$278,743 · 0.07%
2023$234,621 · 0.06%
2022$275,330 · 0.07%
Same employer
Similar plansEducational Services · Ohio
University of Dayton OH$667.3M · 0.05%
Oberlin College OH$528.5M · 0.04%
Kenyon College OH$323.0M · 0.05%
Denison University OH$310.4M · 0.10%
Ohio Northern University OH$252.8M · 0.10%
The College of Wooster OH$242.3M · 0.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 310537516 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.