Hampton University403(b)
HAMPTON UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN · HAMPTON, VA · plan year 2024
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
Hampton University reported $4,148 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,800 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.
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 219th-largest of 2,266 plans among Virginia employers on file, and the 418th of 3,091 in educational services. In 2024, employees put in $1.06 for every $1.00 the employer contributed.
Hampton University's 2024 employer contribution ran below the $3,635 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 540505990 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.