Plan Ledger DOL Form 5500 · updated monthly

Bju, Inc.401(k)

THE BOB JONES UNIVERSITY RETIREMENT FUND · GREENVILLE, SC · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Bju, Inc. reported $228,252 in plan administrative expenses for 2024: 0.27% of average plan assets, higher than ~75% of peers. Employer contributions averaged $630 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 has held roughly steady near 0.27%. 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 69th-largest of 807 plans among South Carolina employers on file, and the 605th of 3,091 in educational services. In 2024, employees put in $6.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$86,831,271
Participants with balances1,667
Active participants1,316
Employer contributions$829,056
Employee contributions$5,392,841
Employer contribution per active participant$630
Average account balance$52,088
Benefits paid to participants$6,241,373
Plan auditUnmodified (clean) audit opinion
AuditorCAPIN CROUSE LLC
Plan history3
Yearassets · accounts · employer contribution
2024$86.8M · 1,667 accts · $829K emplr
2023$79.2M · 1,696 accts · $814K emplr
2022$69.0M · 1,672 accts · $706K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$140,022
Investment management$62,785
Trustee / custodial$25,445
Total administrative$228,252
The Bju, Inc. 401(k) match · 2024
Employer contribution per active participant$630
Median for plans this size$3,635
2024$630 per active participant
2023$584 per active participant
2022$520 per active participant

Bju, Inc.'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.

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
MILLIMAN, INC. · Recordkeeping · Pension consulting$140,022
COLTON GROOME FINANCIAL ADVISORS · Investment management$62,785
CHARLES SCHWAB TRUST BANK · Custodial (securities) · Trustee$25,445

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

Recordkeeper by year2
2024Milliman
2023Milliman

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Administrative cost history3
2024$228,252 · 0.27%
2023$233,323 · 0.31%
2022$199,806 · 0.29%
Same employer
Similar plansEducational Services · South Carolina
Furman University SC$346.8M · 0.02%
Wofford College SC$108.6M · 0.02%
Porter-Gaud School SC$53.8M · 0.14%
Columbia College SC$52.7M · 0.12%
Converse University SC$45.4M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 571088101 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.