Plan Ledger DOL Form 5500 · updated monthly

Central Methodist University403(b)

CENTRAL METHODIST UNIVERSITY DC RETIREMENT PLAN AND TAX DEFERRED ANNUITY PLAN · FAYETTE, MO · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Central Methodist University reported $24,259 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,704 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 fell from 0.08% to 0.06%. 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 364th-largest of 1,393 plans among Missouri employers on file, and the 1,030th of 3,091 in educational services. In 2024, employees put in $1.33 for every $1.00 the employer contributed; active participation has grown from 302 to 351 since 2022.

Plan summary
Net assets, end of year$42,702,713
Participants with balances633
Active participants351
Employer contributions$948,991
Employee contributions$1,263,089
Employer contribution per active participant$2,704
Average account balance$67,461
Benefits paid to participants$4,146,038
Plan auditDisclaimer of opinion
AuditorWILLIAMS-KEEPERS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$42.7M · 633 accts · $949K emplr
2023$40.0M · 607 accts · $890K emplr
2022$35.1M · 585 accts · $878K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,710
Investment management$14,445
Total administrative$24,259
Employer contributions to the Central Methodist University plan · 2024
Employer contribution per active participant$2,704
Median for plans this size$2,416
2024$2,704 per active participant
2023$2,730 per active participant
2022$2,907 per active participant

Central Methodist University's 2024 employer contribution ran above 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 · Recordkeeping · Custodial (securities)$9,710
PLAN PILOT, LLC · Investment advisory (plan)$14,445

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

Recordkeeper by year2
2024TIAA
2023TIAA

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

Administrative cost history3
2024$24,259 · 0.06%
2023$22,772 · 0.06%
2022$30,064 · 0.08%
Same employer
Similar plansEducational Services · Missouri
Columbia College MO$66.4M · 0.22%
Park University MO$66.0M · 0.22%
The Pembroke Hill School MO$60.2M · 0.11%
William Jewell College MO$53.6M · 0.18%
Fontbonne University MO$40.8M · 0.13%
Avila University MO$34.5M · 0.20%
Kansas City Art Institute MO$32.1M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 430654854 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.