Plan Ledger DOL Form 5500 · updated monthly

Asbury College403(b)

ASBURY UNIVERSITY DC RETIRMENT PLAN · WILMORE, KY · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Asbury College reported $4,176 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,977 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 0.02% to 0.01%. 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 121st-largest of 871 plans among Kentucky employers on file, and the 769th of 3,091 in educational services. In 2024, employees put in $1.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$63,534,534
Participants with balances624
Active participants254
Employer contributions$502,035
Employee contributions$834,035
Employer contribution per active participant$1,977
Average account balance$101,818
Benefits paid to participants$2,855,202
Plan auditUnmodified (clean) audit opinion
AuditorEBELHAR WHITEHEAD, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$63.5M · 624 accts · $502K emplr
2023$58.5M · 622 accts · $493K emplr
2022$52.1M · 620 accts · $485K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,176
Total administrative$4,176
Employer contributions to the Asbury College plan · 2024
Employer contribution per active participant$1,977
Median for plans this size$3,635
2024$1,977 per active participant
2023$1,972 per active participant
2022$1,917 per active participant

Asbury College's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$4,176 · 0.01%
2023$4,993 · 0.01%
2022$10,631 · 0.02%
Similar plansEducational Services · Kentucky
Centre College KY$112.2M · 0.15%
Bellarmine University KY$104.0M · 0.17%
Transylvania University KY$77.6M · 0.00%
Georgetown College KY$55.8M · 0.06%
Asbury Theological Seminary KY$46.7M · 0.19%
University of Pikeville KY$46.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610458355 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.