Plan Ledger DOL Form 5500 · updated monthly

Guilford College403(b)

GUILFORD COLLEGE DEFINED CONTRIBUTION PLAN · GREENSBORO, NC · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Guilford College reported $55,616 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $1,814 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 0.08% to 0.07%. 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 242nd-largest of 2,005 plans among North Carolina employers on file, and the 630th of 3,091 in educational services. In 2024, employees put in $1.54 for every $1.00 the employer contributed; active participation has grown from 246 to 293 since 2022.

Plan summary
Net assets, end of year$82,750,109
Participants with balances953
Active participants293
Employer contributions$531,539
Employee contributions$817,404
Employer contribution per active participant$1,814
Average account balance$86,831
Benefits paid to participants$4,825,202
Plan auditUnmodified (clean) audit opinion
AuditorBROWN, EDWARDS AND COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$82.8M · 953 accts · $532K emplr
2023$77.6M · 969 accts · $569K emplr
2022$71.3M · 890 accts · $425K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,805
Investment management$16,811
Total administrative$55,616
Employer contributions to the Guilford College plan · 2024
Employer contribution per active participant$1,814
Median for plans this size$3,635
2024$1,814 per active participant
2023$1,859 per active participant
2022$1,727 per active participant

Guilford College's 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
TIAA · Recordkeeping · Pension consulting$36,410
MMA SECURITIES LLC · Investment management$15,275
VARIABLE ANNUITY LIFE INSURANCE CO · Custodial (securities) · Investment advisory (participants)$3,931

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$55,616 · 0.07%
2023$51,788 · 0.07%
2022$61,968 · 0.08%
Same employer
Similar plansEducational Services · North Carolina
Charlotte Country Day School NC$102.5M · 0.08%
Wingate University NC$97.0M · 0.15%
Meredith College NC$94.1M · 0.06%
Providence Day School, Inc. NC$76.3M · 0.14%
Discovery Education, Inc. NC$72.6M · 0.13%
Durham Academy, Inc. NC$70.7M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560529982 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.