Plan Ledger DOL Form 5500 · updated monthly

Asbury Theological Seminary403(b)

ASBURY THEOLOGICAL SEMINARY 403(B) DC PLAN · WILMORE, KY · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Asbury Theological Seminary reported $86,326 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $3,071 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 rose from 0.17% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 152nd-largest of 871 plans among Kentucky employers on file, and the 965th of 3,091 in educational services. In 2024, employees put in $1.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$46,736,613
Participants with balances389
Active participants219
Employer contributions$672,612
Employee contributions$734,187
Employer contribution per active participant$3,071
Average account balance$120,146
Benefits paid to participants$3,098,095
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$46.7M · 389 accts · $673K emplr
2023$42.3M · 412 accts · $606K emplr
2022$36.8M · 409 accts · $577K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$86,326
Total administrative$86,326
Employer contributions to the Asbury Theological Seminary plan · 2024
Employer contribution per active participant$3,071
Median for plans this size$2,416
2024$3,071 per active participant
2023$2,682 per active participant
2022$2,543 per active participant

Asbury Theological Seminary's 2024 employer contribution ran above the $2,416 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
RPA FINANCIAL$43,885
TIAA$25,972
BLUE & CO., LLC$16,430

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$86,326 · 0.19%
2023$74,882 · 0.19%
2022$67,502 · 0.17%
Same employer
Similar plansEducational Services · Kentucky
Transylvania University KY$77.6M · 0.00%
Asbury College KY$63.5M · 0.01%
Georgetown College KY$55.8M · 0.06%
University of Pikeville KY$46.7M · 0.03%
Spalding University KY$42.9M · 0.20%
Alice Lloyd College KY$27.6M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610445823 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.