Plan Ledger DOL Form 5500 · updated monthly

Columbia College403(b)

COLUMBIA COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN · COLUMBIA, SC · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Columbia College reported $62,406 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $2,712 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 0.02% to 0.12%. 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 106th-largest of 807 plans among South Carolina employers on file, and the 878th of 3,091 in educational services. In 2024, employees put in $1.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$52,673,223
Participants with balances435
Active participants166
Employer contributions$450,202
Employee contributions$498,301
Employer contribution per active participant$2,712
Average account balance$121,088
Benefits paid to participants$4,261,870
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$52.7M · 435 accts · $450K emplr
2023$50.8M · 450 accts · $406K emplr
2022$46.3M · 455 accts · $384K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,906
Audit (IQPA)$10,500
Total administrative$62,406
Employer contributions to the Columbia College plan · 2024
Employer contribution per active participant$2,712
Median for plans this size$3,635
2024$2,712 per active participant
2023$2,373 per active participant
2022$2,207 per active participant

Columbia College's 2024 employer contribution ran below 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 · Contract administrator · Recordkeeping$10,025
CAPFINANCIAL PARTNERS, LLC$21,926
PENTEGRA SERVICES, INC. · Plan administrator$19,955
BROWN, EDWARDS & COMPANY, LLP · Accounting / audit$10,500

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$62,406 · 0.12%
2023$19,519 · 0.04%
2022$7,656 · 0.02%
Similar plansEducational Services · South Carolina
Wofford College SC$108.6M · 0.02%
Bju, Inc. SC$86.8M · 0.27%
Porter-Gaud School SC$53.8M · 0.14%
Converse University SC$45.4M · 0.13%
Limestone University SC$36.0M · 0.00%
Claflin University SC$32.9M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570324915 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.