Plan Ledger DOL Form 5500 · updated monthly

Limestone University403(b)

LIMESTONE UNIVERSITY RETIREMENT PLAN · GAFFNEY, SC · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Limestone University reported $825 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,450 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 0.001% to 0.002%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 158th-largest of 807 plans among South Carolina employers on file, and the 1,150th of 3,091 in educational services. In 2024, employees put in $1.45 for every $1.00 the employer contributed; active participation has shrunk from 398 to 340 since 2022.

Plan summary
Net assets, end of year$36,044,898
Participants with balances681
Active participants340
Employer contributions$492,889
Employee contributions$716,455
Employer contribution per active participant$1,450
Average account balance$52,929
Benefits paid to participants$2,939,579
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$36.0M · 681 accts · $493K emplr
2023$33.9M · 659 accts · $468K emplr
2022$32.2M · 658 accts · $459K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$825
Total administrative$825
Employer contributions to the Limestone University plan · 2024
Employer contribution per active participant$1,450
Median for plans this size$2,416
2024$1,450 per active participant
2023$1,275 per active participant
2022$1,152 per active participant

Limestone University's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
TIAA$1,950

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

Administrative cost history3
2024$825 · 0.00%
2023$575 · 0.00%
2022$375 · 0.00%
Same employer
Similar plansEducational Services · South Carolina
Porter-Gaud School SC$53.8M · 0.14%
Columbia College SC$52.7M · 0.12%
Converse University SC$45.4M · 0.13%
Claflin University SC$32.9M · 0.04%
Coker University SC$30.2M · 0.13%
Benedict College SC$26.2M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570314402 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.