Plan Ledger DOL Form 5500 · updated monthly

Oglethorpe University403(b)

OGLETHORPE UNIVERSITY 403(B) RETIREMENT PROGRAM · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Oglethorpe University reported $47,564 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,907 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 has held roughly steady near 0.121%. 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 543rd-largest of 2,160 plans among Georgia employers on file, and the 1,052nd of 3,091 in educational services. In 2024, employees put in $1.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$41,366,686
Participants with balances465
Active participants309
Employer contributions$898,389
Employee contributions$1,286,745
Employer contribution per active participant$2,907
Average account balance$88,961
Benefits paid to participants$2,379,370
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$41.4M · 465 accts · $898K emplr
2023$37.0M · 462 accts · $881K emplr
2022$32.8M · 447 accts · $714K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,564
Total administrative$47,564
Employer contributions to the Oglethorpe University plan · 2024
Employer contribution per active participant$2,907
Median for plans this size$2,416
2024$2,907 per active participant
2023$2,860 per active participant
2022$2,303 per active participant

Oglethorpe University's 2024 employer contribution ran above 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
LINCOLN NATIONAL CORPORATION · Contract administrator$47,564

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$47,564 · 0.12%
2023$43,645 · 0.13%
2022$42,018 · 0.12%
Same employer
Similar plansEducational Services · Georgia
Piedmont University GA$44.1M · 0.12%
Darlington School GA$43.3M · 0.16%
Life University, Inc. GA$41.0M · 0.01%
Covenant College, Inc. GA$37.9M · 0.02%
Trinity School, Inc. GA$36.8M · 0.11%
Atlanta Speech School, Inc. GA$35.9M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 580568698 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.