Plan Ledger DOL Form 5500 · updated monthly

Belmont Abbey College, Inc.403(b)

BELMONT ABBEY COLLEGE RETIREMENT PLAN · BELMONT, NC · plan year 2025

Reported admin expense ratio · 2025
0.34%

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

Belmont Abbey College, Inc. reported $124,439 in plan administrative expenses for 2025: 0.34% of average plan assets, above the peer median. Employer contributions averaged $2,465 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 3 years on file its reported administrative ratio rose from 0.26% to 0.34%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other educational services employers. By assets it is the 463rd-largest of 2,005 plans among North Carolina employers on file, and the 1,091st of 3,091 in educational services. In 2025, employees put in $1.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$39,000,016
Participants with balances564
Active participants284
Employer contributions$700,156
Employee contributions$914,674
Employer contribution per active participant$2,465
Average account balance$69,149
Benefits paid to participants$2,131,978
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$39.0M · 564 accts · $700K emplr
2024$34.8M · 551 accts · $688K emplr
2023$30.9M · 528 accts · $662K emplr
2022$26.5M · 532 accts · $605K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$124,111
Total administrative$124,439
Employer contributions to the Belmont Abbey College, Inc. plan · 2025
Employer contribution per active participant$2,465
Median for plans this size$2,666
2025$2,465 per active participant
2024$2,407 per active participant
2023$2,442 per active participant
2022$2,176 per active participant

Belmont Abbey College, Inc.'s 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
TIAA - TEACHERS INSURANCE & ANNUITY · Recordkeeping · Custodial (securities)$58,709
WELLS FARGO ADVISORS$48,483
MORGAN STANLEY$18,058

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

Recordkeeper by year3
2025TIAA
2024TIAA
2023TIAA

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

Administrative cost history4
2025$124,439 · 0.34%
2024$109,501 · 0.33%
2023$88,489 · 0.31%
2022$76,356 · 0.26%
Same employer
Similar plansEducational Services · North Carolina
Warren Wilson College, Inc. NC$41.9M · 0.17%
Mars Hill University NC$41.2M · 0.35%
Johnson C Smith University NC$39.8M · 0.02%
College Foundation, Inc. NC$38.3M · 0.05%
Forsyth Country Day School NC$37.9M · 0.06%
Pfeiffer University NC$33.4M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560547498 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.