Plan Ledger DOL Form 5500 · updated monthly

Knox College403(b)

KNOX COLLEGE RETIREMENT PLAN · GALESBURG, IL · plan year 2025

Reported admin expense ratio · 2025
0.10%

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

Knox College reported $114,931 in plan administrative expenses for 2025: 0.10% of average plan assets, below the peer median. Employer contributions averaged $2,503 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 3 years on file its reported administrative ratio rose from 0.08% to 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other educational services employers. By assets it is the 493rd-largest of 3,702 plans among Illinois employers on file, and the 456th of 3,091 in educational services. In 2025, employees put in $1.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$118,599,743
Participants with balances811
Active participants350
Employer contributions$876,090
Employee contributions$1,504,448
Employer contribution per active participant$2,503
Average account balance$146,239
Benefits paid to participants$9,855,305
Plan auditDisclaimer of opinion
Plan history4
Yearassets · accounts · employer contribution
2025$118.6M · 811 accts · $876K emplr
2024$110.3M · 777 accts · $970K emplr
2023$105.5M · 758 accts · $798K emplr
2022$96.4M · 761 accts · $810K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$114,931
Total administrative$114,931
Employer contributions to the Knox College plan · 2025
Employer contribution per active participant$2,503
Median for plans this size$4,093
2025$2,503 per active participant
2024$2,734 per active participant
2023$2,418 per active participant
2022$2,410 per active participant

Knox College's 2025 employer contribution ran below the $4,093 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
TIAA$85,781
PLANPILOT, LLC · Investment management$26,000

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

Administrative cost history4
2025$114,931 · 0.10%
2024$112,303 · 0.10%
2023$92,348 · 0.09%
2022$88,667 · 0.08%
Same employer
Similar plansEducational Services · Illinois
Elmhurst University IL$135.3M · 0.14%
Augustana College IL$129.7M · 0.13%
Tcs Education System IL$128.9M · 0.17%
Roosevelt University IL$121.5M · 0.13%
Aurora University IL$117.9M · 0.12%
Latin School of Chicago IL$111.3M · 0.01%
Olivet Nazarene University IL$102.2M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 370673513 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.