Plan Ledger DOL Form 5500 · updated monthly

Spring Hill College403(b)

SPRING HILL COLLEGE RETIREMENT PLAN (AND EMPLOYEE VOLUNTARY TAX-DEFERRED CONT) · MOBILE, AL · plan year 2024

Reported admin expense ratio · 2024
0.01%

Spring Hill College reported $2,805 in plan administrative expenses for 2024: 0.01% 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 2 years on file its reported administrative ratio rose from 0.005% to 0.007%. 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 173rd-largest of 902 plans among Alabama employers on file, and the 1,034th of 3,091 in educational services.

Plan summary
Net assets, end of year$42,428,085
Participants with balances443
Active participants163
Employer contributions—
Employee contributions$467,780
Employer contribution per active participant—
Average account balance$95,774
Benefits paid to participants$3,730,948
Plan auditUnmodified (clean) audit opinion
AuditorWILKINS MILLER, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$42.4M · 443 accts
2023$40.7M · 460 accts
2022$36.4M · 476 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,805
Total administrative$2,805
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.

Administrative cost history3
2024$2,805 · 0.01%
2023$1,996 · 0.01%
2022$2,085 · 0.01%
Similar plansEducational Services · Alabama
Samford University AL$127.0M · 0.16%
Birmingham Southern College AL$87.0M · 0.10%
Huntingdon College AL$33.5M · 0.35%
The Montgomery Academy AL$27.4M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630302179 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.