Plan Ledger DOL Form 5500 · updated monthly

Campbell University403(b)

CAMPBELL UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN · BUIES CREEK, NC · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Campbell University reported $305,009 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $1,088 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 0.14% to 0.16%. 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 122nd-largest of 2,005 plans among North Carolina employers on file, and the 281st of 3,091 in educational services. In 2024, employees put in $2.53 for every $1.00 the employer contributed; active participation has grown from 1,184 to 1,862 since 2022.

Plan summary
Net assets, end of year$198,770,447
Participants with balances1,905
Active participants1,862
Employer contributions$2,026,454
Employee contributions$5,128,720
Employer contribution per active participant$1,088
Average account balance$104,341
Benefits paid to participants$18,051,500
Plan auditUnmodified (clean) audit opinion
AuditorBROWN, EDWARDS & COMPANY, L. L. P.
Plan history3
Yearassets · accounts · employer contribution
2024$198.8M · 1,905 accts · $2.0M emplr
2023$187.6M · 1,860 accts · $2.1M emplr
2022$166.7M · 1,815 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$72,138
Investment management$232,871
Total administrative$305,009
Employer contributions to the Campbell University plan · 2024
Employer contribution per active participant$1,088
Median for plans this size$3,635
2024$1,088 per active participant
2023$1,158 per active participant
2022$1,796 per active participant

Campbell University'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
TIAA · Recordkeeping · Pension consulting$74,620
MILLENNIUM ADVISORY SERVICES, INC · Investment management$211,558
SAGEVIEW ADVISORY GROUP, LLC · Investment advisory (plan)$18,831

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$305,009 · 0.16%
2023$267,801 · 0.15%
2022$257,886 · 0.14%
Same employer
Similar plansEducational Services · North Carolina
Elon University NC$324.2M · 0.10%
Davidson College NC$205.2M · 0.06%
Charlotte Country Day School NC$102.5M · 0.08%
Wingate University NC$97.0M · 0.15%
Meredith College NC$94.1M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560529940 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.