Plan Ledger DOL Form 5500 · updated monthly

Shaw University403(b)

SHAW UNIVERSITY DEFINED CONTRIBUTION PLAN · RALEIGH, NC · plan year 2023

Reported admin expense ratio · 2023
0.00%

Shaw University reported $500 in plan administrative expenses for 2023: 0.00% of average plan assets, lower than ~75% of peers. 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 1 year on file its reported administrative ratio rose from 0.003% to 0.004%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other educational services employers. By assets it is the 922nd-largest of 2,005 plans among North Carolina employers on file, and 1,859th of 3,091 in educational services.

Plan summary
Net assets, end of year$13,966,782
Participants with balances310
Active participants201
Employer contributions—
Employee contributions$249,082
Employer contribution per active participant—
Average account balance$45,054
Benefits paid to participants$1,225,573
Plan auditDisclaimer of opinion
Plan history2
Yearassets · accounts · employer contribution
2023$14.0M · 310 accts
2022$13.1M · 318 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$500
Total administrative$500
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
TIAA · Contract administrator$500

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

Administrative cost history2
2023$500 · 0.00%
2022$400 · 0.00%
Same employer
Similar plansEducational Services · North Carolina
Lincoln Charter School NC$17.4M · 0.71%
Carolina Day School, Inc. NC$16.2M · 0.43%
Lees-McRae College, Inc. NC$15.6M · 0.00%
Louisburg College NC$15.2M · 0.09%
The Franklin Academy, Inc. NC$13.5M · 0.01%
The Roger Bacon Academy NC$11.2M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560530235 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.