Plan Ledger DOL Form 5500 · updated monthly

Paul Quinn College403(b)

SECTION 403(B) RETIREMENT PLAN FOR PAUL QUINN COLLEGE · TEXAS, TX · plan year 2022

Reported admin expense ratio · 2022
0.28%

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

Paul Quinn College reported $1,225 in plan administrative expenses for 2022: 0.28% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Texas (5,478th of 5,688), and 3,043rd of 3,091 in educational services.

Plan summary
Net assets, end of year$441,220
Participants with balances61
Active participants67
Employer contributions$0
Employee contributions$0
Employer contribution per active participant$0
Average account balance$7,233
Benefits paid to participants$17,937
Plan auditUnmodified (clean) audit opinion
AuditorBANKS, FINLEY, WHITE AND COMPANY
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,225
Total administrative$1,225
Employer contributions to the Paul Quinn College plan · 2022
Employer contribution per active participant$0
Median for plans this size$331

Paul Quinn College's 2022 employer contribution ran below the $331 median for plans its size, in the bottom quarter of its peers. 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 history1
2022$1,225 · 0.28%
Similar plansEducational Services · Texas
My Possibilities TX$1.0M · 0.54%
US Aviation Group LLC TX$601K · 1.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741238438 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.