Drexel University 403(b) match, vesting and fees
What Drexel University's 403(b) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Tiaa-Cref | Schedule C ↗ |
| Independent auditor | Pricewaterhousecoopers LLP (disclaimer opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 403(b) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 54 defined-contribution plans in educational services with 10,000 to 49,999 participants.
| Drexel University: employer contribution per participant | $2,300 | |
| Peer median | $3,952 |
| Drexel University: average balance | $116,521 | |
| Peer median | $137,350 |
| Drexel University: admin expenses ÷ assets | 0.08% | |
| Peer median | 0.02% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $1.7B at the end of plan year 2023 to $1.8B at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 17,851 | $1.8B | $36.5M | $2,300 | 0.08% | Not published | Form 5500 ↗ |
| 2023 | 17,075 | $1.7B | $34.7M | $2,293 | 0.02% | Not published | Form 5500 ↗ |
Common questions
Does Drexel University match 401(k) contributions?
The match terms for the Drexel University Defined Contribution Retirement Plan have not been published from its filing yet. The plan year 2024 filing reports $36.5M in employer contributions, about $2,300 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Drexel University 401(k) match vested?
The vesting schedule for the Drexel University Defined Contribution Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Drexel University 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Tiaa-Cref. The plan administrator is Drexel University.
I left Drexel University. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Drexel University, (215) 895-2850) or the recordkeeper, Tiaa-Cref. The Drexel University old 401(k) page lists the contacts from every plan filing. Find an old Drexel University 401(k)
Data from the public Form 5500 annual reports Drexel University filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Drexel University. Not financial advice. Report a correction · Methodology