Plan Ledger DOL Form 5500 · updated monthly

Centre College403(b)

CENTRE COLLEGE RETIREMENT PLAN · DANVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Centre College reported $158,471 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $5,541 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 0.13% to 0.15%. 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 76th-largest of 871 plans among Kentucky employers on file, and the 476th of 3,091 in educational services. In 2024, the employer put in $1.98 for every $1.00 employees contributed themselves; active participation has grown from 435 to 503 since 2022.

Plan summary
Net assets, end of year$112,219,606
Participants with balances884
Active participants503
Employer contributions$2,787,192
Employee contributions$1,409,343
Employer contribution per active participant$5,541
Average account balance$126,945
Benefits paid to participants$10,063,216
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$112.2M · 884 accts · $2.8M emplr
2023$105.2M · 943 accts · $2.6M emplr
2022$93.6M · 917 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$84,752
Investment management$66,632
Audit (IQPA)$7,087
Total administrative$158,471
Employer contributions to the Centre College plan · 2024
Employer contribution per active participant$5,541
Median for plans this size$3,635
2024$5,541 per active participant
2023$5,055 per active participant
2022$5,569 per active participant

Centre College's 2024 employer contribution ran above the $3,635 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 · 20244
TIAA · Recordkeeping · Pension consulting$85,869
PLANPILOT, LLC · Investment advisory (plan)$56,534
BALLAST, INC · Investment advisory (plan)$8,981
FORVIS, MAZARS LLP · Accounting / audit$7,087

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$158,471 · 0.15%
2023$143,998 · 0.14%
2022$134,949 · 0.13%
Same employer
Similar plansEducational Services · Kentucky
Berea College KY$168.2M · 0.11%
Franklin University OH$114.3M · 0.20%
Breck School MN$113.9M · 0.03%
Marymount Manhattan College NY$112.8M · 0.04%
Princeton Day School NJ$112.2M · 0.06%
Latin School of Chicago IL$111.3M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610444671 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.