Plan Ledger DOL Form 5500 · updated monthly

Tabor College, Inc.403(b)

TABOR COLLEGE RETIREMENT PLAN · HILLSBORO, KS · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Tabor College, Inc. reported $37,890 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $1,661 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 fell from 0.20% to 0.17%. 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 266th-largest of 828 plans among Kansas employers on file, and the 1,473rd of 3,091 in educational services. In 2024, the employer put in $1.05 for every $1.00 employees contributed themselves; active participation has shrunk from 143 to 127 since 2022.

Plan summary
Net assets, end of year$23,299,401
Participants with balances377
Active participants127
Employer contributions$210,965
Employee contributions$200,376
Employer contribution per active participant$1,661
Average account balance$61,802
Benefits paid to participants$2,011,280
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.3M · 377 accts · $211K emplr
2023$22.5M · 382 accts · $220K emplr
2022$20.2M · 392 accts · $225K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,890
Total administrative$37,890
Employer contributions to the Tabor College, Inc. plan · 2024
Employer contribution per active participant$1,661
Median for plans this size$2,416
2024$1,661 per active participant
2023$1,562 per active participant
2022$1,573 per active participant

Tabor College, Inc.'s 2024 employer contribution ran below 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 · 20243
MARINER WEALTH ADVISORS LLC · Investment advisory (participants)$21,164
TIAA$16,476
LINCOLN NATIONAL CORPORATION · Contract administrator$250

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$37,890 · 0.17%
2023$33,106 · 0.16%
2022$43,817 · 0.20%
Similar plansEducational Services · Kansas
Bethel College KS$28.6M · 0.14%
Southwestern College KS$27.7M · 0.12%
Heartspring, Inc. KS$26.7M · 0.11%
Newman University KS$25.5M · 0.19%
McPherson College KS$23.0M · 0.37%
Wichita Collegiate School KS$21.5M · 0.39%
Sterling College KS$13.3M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480556726 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.