Association of Independent Kentucky Colleges and Universities403(b)
ASSOCIATION OF INDEPENDENT KENTUCKY COLLEGES AND UNIVERSITIES MULTIPLE EMPLOYER PLAN · FRANKFORT, KY · plan year 2024
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Association of Independent Kentucky Colleges and Universities reported $39,103 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $271 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.
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 103rd-largest of 871 plans among Kentucky employers on file, and the 642nd of 3,091 in educational services. In 2024, employees put in $1.39 for every $1.00 the employer contributed.
Association of Independent Kentucky Colleges and Universities'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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 610655540 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.