Plan Ledger DOL Form 5500 · updated monthly

Catawba College403(b)

CATAWBA COLLEGE RETIREMENT PLAN · SALISBURY, NC · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Catawba College reported $57,758 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $2,030 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 0.08% to 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 393rd-largest of 2,005 plans among North Carolina employers on file, and the 963rd of 3,091 in educational services. In 2024, employees put in $1.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$46,874,182
Participants with balances681
Active participants398
Employer contributions$808,119
Employee contributions$1,151,514
Employer contribution per active participant$2,030
Average account balance$68,831
Benefits paid to participants$2,888,934
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$46.9M · 681 accts · $808K emplr
2023$43.2M · 647 accts · $722K emplr
2022$40.1M · 602 accts · $644K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,490
Investment management$3,128
Total administrative$57,758
Employer contributions to the Catawba College plan · 2024
Employer contribution per active participant$2,030
Median for plans this size$2,416
2024$2,030 per active participant
2023$1,818 per active participant
2022$1,769 per active participant

Catawba College's 2024 employer contribution ran below the $2,416 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 · 20242
TIAA · Contract administrator$38,945
OPPENHEIMER & CO. INC$32,841

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

Administrative cost history3
2024$57,758 · 0.13%
2023$33,438 · 0.08%
2022$32,573 · 0.08%
Same employer
Similar plansEducational Services · North Carolina
Methodist University NC$63.4M · 0.19%
Lenoir-Rhyne University NC$58.0M · 0.11%
Ravenscroft School NC$57.3M · 0.04%
Cary Academy NC$44.7M · 0.20%
Warren Wilson College, Inc. NC$41.9M · 0.17%
Mars Hill University NC$41.2M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560530251 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.