Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Drexel University Defined Contribution Retirement Plan is a benefit plan reported by Drexel University under EIN 23-1352630 and plan number 103. The latest loaded filing year is 2023. The filing reports 15,608 participants and $1,670,467,094 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $1,670,467,094
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,670,467,094
- Net assets (BOY)
- $1,448,741,619
Income & contributions
- Employer contributions
- $34,650,089
- Participant contributions
- $32,155,189
- Total contributions
- $71,079,649
- Total income / additions
- $298,666,071
Expenses & distributions
- Benefits paid
- $76,382,261
- Administrative expenses
- $312,344
- Total expenses
- $76,940,596
- Net increase / (decrease)
- $221,725,475