Plan Ledger DOL Form 5500 · updated monthly

Georgetown College403(b)

GEORGETOWN COLLEGE DEFINED CONTRIBUTION PLAN · GEORGETOWN, KY · plan year 2023

Reported admin expense ratio · 2023
0.06%

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

Georgetown College reported $31,243 in plan administrative expenses for 2023: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $864 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 1 year on file its reported administrative ratio fell from 0.07% to 0.06%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other educational services employers. By assets it is the 129th-largest of 871 plans among Kentucky employers on file, and the 847th of 3,091 in educational services. In 2023, employees put in $4.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$55,828,279
Participants with balances591
Active participants173
Employer contributions$149,429
Employee contributions$648,595
Employer contribution per active participant$864
Average account balance$94,464
Benefits paid to participants$2,910,700
Plan auditDisclaimer of opinion
Plan history2
Yearassets · accounts · employer contribution
2023$55.8M · 591 accts · $149K emplr
2022$50.7M · 619 accts · $185K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$31,243
Total administrative$31,243
Employer contributions to the Georgetown College plan · 2023
Employer contribution per active participant$864
Median for plans this size$3,659
2023$864 per active participant
2022$894 per active participant

Georgetown College's 2023 employer contribution ran below the $3,659 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 · 20231
TIAA · Recordkeeping$31,423

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

Administrative cost history2
2023$31,243 · 0.06%
2022$37,019 · 0.07%
Same employer
Similar plansEducational Services · Kentucky
Bellarmine University KY$104.0M · 0.17%
Transylvania University KY$77.6M · 0.00%
Asbury College KY$63.5M · 0.01%
Asbury Theological Seminary KY$46.7M · 0.19%
University of Pikeville KY$46.7M · 0.03%
Spalding University KY$42.9M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610444695 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.