Plan Ledger DOL Form 5500 · updated monthly

Coker University403(b)

COKER UNIVERSITY 403(B) DEFINED CONTRIBUTION PLAN · HARTSVILLE, SC · plan year 2023

Reported admin expense ratio · 2023
0.13%

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

Coker University reported $38,943 in plan administrative expenses for 2023: 0.13% of average plan assets, below the peer median. Employer contributions averaged $372 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 0.15% to 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other educational services employers. By assets it is the 186th-largest of 807 plans among South Carolina employers on file, and the 1,285th of 3,091 in educational services. In 2023, employees put in $9.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$30,248,645
Participants with balances335
Active participants153
Employer contributions$56,987
Employee contributions$542,018
Employer contribution per active participant$372
Average account balance$90,294
Benefits paid to participants$2,381,759
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.0M · 332 accts · $63K emplr
2023$30.2M · 335 accts · $57K emplr
2022$28.5M · 345 accts · $44K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$38,943
Total administrative$38,943
Employer contributions to the Coker University plan · 2023
Employer contribution per active participant$372
Median for plans this size$2,440
2024$389 per active participant
2023$372 per active participant
2022$298 per active participant

Coker University's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PLAN PILOT, LLC · Investment advisory (plan)$30,477
NEW PINNACLE CONSULTING GROUP, LLC · Pension consulting$8,092
TIAA$754

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$39,106 · 0.13%
2023$38,943 · 0.13%
2022$40,382 · 0.15%
Same employer
Similar plansEducational Services · South Carolina
Converse University SC$45.4M · 0.13%
Limestone University SC$36.0M · 0.00%
Claflin University SC$32.9M · 0.04%
Benedict College SC$26.2M · 0.07%
Newberry College SC$22.2M · 0.10%
Ashley Hall School SC$21.7M · 0.04%

Why are you looking at this plan?

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Source: U.S. Department of Labor, Form 5500 series, EIN 570324916 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.