Plan Ledger DOL Form 5500 · updated monthly

Baldwin Wallace University403(b)

BALDWIN WALLACE UNIVERSITY DEFINED CONTRIBUTION AND TAX DEFERRED SAVINGS · BEREA, OH · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Baldwin Wallace University reported $156,039 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $3,810 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 0.04% to 0.07%. 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 194th-largest of 3,295 plans among Ohio employers on file, and the 249th of 3,091 in educational services. In 2024, employees put in $1.51 for every $1.00 the employer contributed; active participation has shrunk from 692 to 587 since 2022.

Plan summary
Net assets, end of year$229,522,114
Participants with balances1,389
Active participants587
Employer contributions$2,236,531
Employee contributions$3,384,794
Employer contribution per active participant$3,810
Average account balance$165,243
Benefits paid to participants$17,170,876
Plan auditDisclaimer of opinion
AuditorMEADEN AND MOORE, LTD
Plan history3
Yearassets · accounts · employer contribution
2024$229.5M · 1,389 accts · $2.2M emplr
2023$215.3M · 1,425 accts · $2.7M emplr
2022$193.5M · 1,423 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$95,988
Investment management$60,051
Total administrative$156,039
Employer contributions to the Baldwin Wallace University plan · 2024
Employer contribution per active participant$3,810
Median for plans this size$3,635
2024$3,810 per active participant
2023$3,738 per active participant
2022$2,560 per active participant

Baldwin Wallace University's 2024 employer contribution ran above the $3,635 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
TIAA · Recordkeeping · Participant communication$72,328
CBIZ INVESTMENT ADVISORY SERVICES · Investment advisory (plan)$63,943
MEADEN & MOORE LTD · Accounting / audit$21,500

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

Recordkeeper by year2
2024TIAA
2023TIAA

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$156,039 · 0.07%
2023$110,590 · 0.05%
2022$84,982 · 0.04%
Same employer
Similar plansEducational Services · Ohio
Kenyon College OH$323.0M · 0.05%
Denison University OH$310.4M · 0.10%
Ohio Northern University OH$252.8M · 0.10%
The College of Wooster OH$242.3M · 0.03%
John Carroll University OH$206.6M · 0.14%
Ohio Wesleyan University OH$194.3M · 0.03%
Antioch University OH$182.0M · 0.12%
Capital University OH$174.9M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340714629 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.