Plan Ledger DOL Form 5500 · updated monthly

Davidson College403(b)

DAVIDSON COLLEGE RETIREMENT PLAN · DAVIDSON, NC · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Davidson College reported $125,828 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $15,601 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 0.04% to 0.06%. 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 120th-largest of 2,005 plans among North Carolina employers on file, and the 273rd of 3,091 in educational services.

Plan summary
Net assets, end of year$205,176,814
Participants with balances1,062
Active participants422
Employer contributions$6,583,477
Employee contributions—
Employer contribution per active participant$15,601
Average account balance$193,199
Benefits paid to participants$14,230,545
Plan auditUnmodified (clean) audit opinion
AuditorLONG CPA, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$205.2M · 1,062 accts · $6.6M emplr
2023$191.2M · 1,085 accts · $5.9M emplr
2022$170.8M · 1,116 accts · $5.4M emplr
Administrative expenses, itemized · 2024
Trustee / custodial$125,828
Total administrative$125,828
Employer contributions to the Davidson College plan · 2024
Employer contribution per active participant$15,601
Median for plans this size$3,635
2024$15,601 per active participant
2023$13,544 per active participant
2022$11,821 per active participant

Davidson College's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
TIAA$62,374
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$42,075

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$125,828 · 0.06%
2023$109,261 · 0.06%
2022$80,840 · 0.04%
All plans at this employer2
DAVIDSON COLLEGE RETIREMENT PLAN403(b)
DAVIDSON COLLEGE TAX-DEFERRED ANNUITY PLAN403(b)
Same employer
Similar plansEducational Services · North Carolina
Wake Forest University NC$889.4M · 0.08%
Elon University NC$324.2M · 0.10%
Campbell University NC$198.8M · 0.16%
Charlotte Country Day School NC$102.5M · 0.08%
Wingate University NC$97.0M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560529961 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.