Plan Ledger DOL Form 5500 · updated monthly

Muskingum University403(b)

MUSKINGUM UNIVERSITY DEFINED CONTRIBUTION AND TAX DEFERRED ANNUITY PLAN · NEW CONCORD, OH · plan year 2022

Reported admin expense ratio · 2022
0.05%

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

Muskingum University reported $48,661 in plan administrative expenses for 2022: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,530 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 9,341 comparable plans and shown alongside other educational services employers. By assets it is the 396th-largest of 3,295 plans among Ohio employers on file, and the 574th of 3,091 in educational services. In 2022, employees put in $1.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$91,219,296
Participants with balances737
Active participants300
Employer contributions$1,059,102
Employee contributions$1,336,056
Employer contribution per active participant$3,530
Average account balance$123,771
Benefits paid to participants$5,274,149
Plan auditDisclaimer of opinion
AuditorMALONEY + NOVOTNY LLC
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $792K emplr
2022$91.2M · 737 accts · $1.1M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$8,361
Professional / advisory$40,300
Total administrative$48,661
Employer contributions to the Muskingum University plan · 2022
Employer contribution per active participant$3,530
Median for plans this size$3,449

Muskingum University's 2022 employer contribution ran above the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$48,661 · 0.05%
Same employer
Similar plansEducational Services · Ohio
Cedarville University OH$111.0M · 0.35%
The University of Findlay OH$109.9M · 0.08%
University of Mount Union OH$103.3M · 0.09%
The Columbus Academy OH$86.8M · 0.03%
Marietta College OH$81.8M · 0.08%
University School OH$77.8M · 0.04%
Mount St. Joseph University OH$67.6M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 314379515 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.