Plan Ledger DOL Form 5500 · updated monthly

Hendrix College403(b)

HENDRIX COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN · CONWAY, AR · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Hendrix College reported $62,274 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $1,753 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 0.02% 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 44th-largest of 456 plans among Arkansas employers on file, and the 557th of 3,091 in educational services. In 2024, employees put in $1.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$95,658,423
Participants with balances839
Active participants461
Employer contributions$808,183
Employee contributions$1,177,221
Employer contribution per active participant$1,753
Average account balance$114,015
Benefits paid to participants$12,188,190
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$95.7M · 839 accts · $808K emplr
2023$94.6M · 840 accts · $817K emplr
2022$84.6M · 821 accts · $784K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,774
Investment management$22,500
Audit (IQPA)$18,000
Total administrative$62,274
Employer contributions to the Hendrix College plan · 2024
Employer contribution per active participant$1,753
Median for plans this size$3,635
2024$1,753 per active participant
2023$1,678 per active participant
2022$1,629 per active participant

Hendrix 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$21,774
CBIZ INVESTMENT ADVISORY SERVICES · Investment advisory (plan)$22,500
FORVIS MAZARS, LLP · Accounting / audit$18,000

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$62,274 · 0.07%
2023$44,636 · 0.05%
2022$14,244 · 0.02%
Same employer
Similar plansEducational Services · Arkansas
Harding University AR$201.9M · 0.08%
World Learning, Inc. VT$96.3M · 0.12%
Mount Saint Mary College NY$96.2M · 0.09%
Regent University VA$95.0M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710236897 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.