Plan Ledger DOL Form 5500 · updated monthly

Davis & Elkins College403(b)

DAVIS & ELKINS COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN · ELKINS, WV · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Davis & Elkins College reported $27,572 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,788 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 0.10% to 0.11%. 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 69th-largest of 265 plans among West Virginia employers on file, and the 1,425th of 3,091 in educational services. In 2024, the employer put in $1.71 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$24,977,734
Participants with balances650
Active participants174
Employer contributions$311,043
Employee contributions$182,321
Employer contribution per active participant$1,788
Average account balance$38,427
Benefits paid to participants$1,322,184
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.0M · 650 accts · $311K emplr
2023$23.3M · 637 accts · $296K emplr
2022$20.8M · 622 accts · $280K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,572
Total administrative$27,572
Employer contributions to the Davis & Elkins College plan · 2024
Employer contribution per active participant$1,788
Median for plans this size$2,416
2024$1,788 per active participant
2023$1,502 per active participant
2022$1,528 per active participant

Davis & Elkins College's 2024 employer contribution ran below the $2,416 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 · 20242
HENDERSON BROS. RET. PLAN SERV. · Other services$27,572
TIAA$75

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$27,572 · 0.11%
2023$22,697 · 0.10%
2022$21,568 · 0.10%
Similar plansEducational Services · West Virginia
University of Charleston WV$50.8M · 0.00%
Wheeling University WV$45.5M · 0.15%
Bethany College WV$32.6M · 0.04%
Linsly School, Inc. WV$17.7M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 550357021 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.