Plan Ledger DOL Form 5500 · updated monthly

Chowan University403(b)

RETIREMENT PLAN FOR CHOWAN UNIVERSITY · MURFREESBORO, NC · plan year 2024

Reported admin expense ratio · 2024
0.27%

Chowan University reported $63,546 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. 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 0.15% to 0.27%. 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 649th-largest of 2,005 plans among North Carolina employers on file, and the 1,443rd of 3,091 in educational services. active participation has shrunk from 163 to 141 since 2022.

Plan summary
Net assets, end of year$24,237,671
Participants with balances464
Active participants141
Employer contributions—
Employee contributions$348,077
Employer contribution per active participant—
Average account balance$52,236
Benefits paid to participants$2,306,430
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.2M · 464 accts
2023$23.6M · 482 accts · $150K emplr
2022$21.4M · 486 accts · $476K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,546
Total administrative$63,546
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 · 20241
TIAA · Contract administrator · Recordkeeping$63,546

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$63,546 · 0.27%
2023$56,394 · 0.25%
2022$34,338 · 0.15%
Same employer
Similar plansEducational Services · North Carolina
The Asheville School NC$30.9M · 0.12%
University of Mount Olive NC$28.1M · 0.36%
Barton College NC$27.8M · 0.16%
Cannon School, Inc. NC$27.4M · 0.17%
Salem Academy and College NC$24.2M · 0.16%
Greensboro College Inc NC$24.1M · 0.03%
Carolina Friends School NC$23.8M · 0.11%
William Peace University NC$22.7M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560554199 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.