Plan Ledger DOL Form 5500 · updated monthly

Birmingham Southern College403(b)

BIRMINGHAM SOUTHERN COLLEGE DEFINED CONTRIBUTION AND TAX DEFERRED ANNUITY PLAN · BIRMINGHAM, AL · plan year 2022

Reported admin expense ratio · 2022
0.10%

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

Birmingham Southern College reported $90,218 in plan administrative expenses for 2022: 0.10% of average plan assets, below the peer median. Employer contributions averaged $1,887 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 1 year on file its reported administrative ratio rose from 0.10% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other educational services employers. By assets it is the 85th-largest of 902 plans among Alabama employers on file, and the 603rd of 3,091 in educational services. In 2022, employees put in $1.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$86,964,874
Participants with balances838
Active participants402
Employer contributions$758,630
Employee contributions$792,750
Employer contribution per active participant$1,887
Average account balance$103,777
Benefits paid to participants$7,908,550
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $40K emplr
2023$84.9M · 802 accts · $651K emplr
2022$87.0M · 838 accts · $759K emplr
Administrative expenses, itemized · 2022
Investment management$39,095
Total administrative$90,218
Employer contributions to the Birmingham Southern College plan · 2022
Employer contribution per active participant$1,887
Median for plans this size$3,449
2023$1,804 per active participant
2022$1,887 per active participant

Birmingham Southern College's 2022 employer contribution ran below the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024TIAA
2023TIAA

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

Administrative cost history3
2024Not separately reported
2023$128,659 · 0.15%
2022$90,218 · 0.10%
Same employer
Similar plansEducational Services · Alabama
Samford University AL$127.0M · 0.16%
Tntp, Inc. NY$87.1M · 0.20%
The Windward School NY$87.0M · 0.04%
New England Law Boston MA$87.0M · 0.04%
Purdue Research Foundation IN$86.9M · 0.07%
Bju, Inc. SC$86.8M · 0.27%
The Columbus Academy OH$86.8M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630288811 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.