Plan Ledger DOL Form 5500 · updated monthly

Ohio Wesleyan University403(b)

OHIO WESLEYAN UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN AND TAX DEFERRED ANNUITY PLAN · DELAWARE, OH · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Ohio Wesleyan University reported $63,191 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,529 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 0.028% to 0.033%. 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 214th-largest of 3,295 plans among Ohio employers on file, and the 288th of 3,091 in educational services. In 2024, the employer put in $1.12 for every $1.00 employees contributed themselves; active participation has grown from 489 to 545 since 2022.

Plan summary
Net assets, end of year$194,344,045
Participants with balances1,159
Active participants545
Employer contributions$1,923,471
Employee contributions$1,719,076
Employer contribution per active participant$3,529
Average account balance$167,683
Benefits paid to participants$12,127,490
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$194.3M · 1,159 accts · $1.9M emplr
2023$183.2M · 1,145 accts · $1.7M emplr
2022$168.1M · 1,144 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,127
Investment management$39,364
Audit (IQPA)$16,700
Total administrative$63,191
Employer contributions to the Ohio Wesleyan University plan · 2024
Employer contribution per active participant$3,529
Median for plans this size$3,635
2024$3,529 per active participant
2023$3,197 per active participant
2022$3,278 per active participant

Ohio Wesleyan University's 2024 employer contribution ran below the $3,635 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 · 20243
TIAA · Recordkeeping · Pension consulting$12,586
CBIZ INVESTMENT ADVISORY SERVICES · Investment advisory (plan)$33,905
MALONEY & NOVOTNY LLC · Accounting / audit$16,700

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$63,191 · 0.03%
2023$33,364 · 0.02%
2022$46,339 · 0.03%
Same employer
Similar plansEducational Services · Ohio
Ohio Northern University OH$252.8M · 0.10%
The College of Wooster OH$242.3M · 0.03%
Baldwin Wallace University OH$229.5M · 0.07%
John Carroll University OH$206.6M · 0.14%
Antioch University OH$182.0M · 0.12%
Capital University OH$174.9M · 0.08%
Wittenberg University OH$151.8M · 0.06%
Otterbein University OH$136.3M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 314379585 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.