Plan Ledger DOL Form 5500 · updated monthly

Dunwoody College of Technology403(b)

DUNWOODY COLLEGE OF TECHNOLOGY EMPLOYEES' SAVINGS PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Dunwoody College of Technology reported $75,777 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $1,351 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 0.39% to 0.36%. 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 836th-largest of 1,918 plans among Minnesota employers on file, and the 1,508th of 3,091 in educational services. In 2024, employees put in $2.87 for every $1.00 the employer contributed; active participation has grown from 255 to 331 since 2022.

Plan summary
Net assets, end of year$22,539,458
Participants with balances300
Active participants331
Employer contributions$447,075
Employee contributions$1,284,923
Employer contribution per active participant$1,351
Average account balance$75,132
Benefits paid to participants$1,733,642
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.5M · 300 accts · $447K emplr
2023$19.9M · 282 accts · $447K emplr
2022$16.6M · 282 accts · $436K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,882
Investment management$56,090
Audit (IQPA)$14,805
Total administrative$75,777
Employer contributions to the Dunwoody College of Technology plan · 2024
Employer contribution per active participant$1,351
Median for plans this size$2,416
2024$1,351 per active participant
2023$1,768 per active participant
2022$1,710 per active participant

Dunwoody College of Technology'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
ALERUS FINANCIAL, N.A. · Recordkeeping · Custodial (securities)$56,090
CLIFTONLARSONALLEN, LLP · Accounting / audit$14,805

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Alerus
2023Alerus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$75,777 · 0.36%
2023$68,005 · 0.37%
2022$72,471 · 0.39%
Same employer
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Shattuck-St. Mary's School MN$30.4M · 0.10%
Providence Academy MN$23.1M · 0.04%
Mounds Park Academy MN$18.8M · 0.10%
Groves Academy MN$11.8M · 0.53%
College Possible MN$11.8M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410693856 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.