Plan Ledger DOL Form 5500 · updated monthly

Tennessee Wesleyan College403(b)

TENNESSEE WESLEYAN COLLEGE RETIREMENT PLAN · ATHENS, TN · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Tennessee Wesleyan College reported $15,212 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,003 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 0.08% to 0.10%. 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 682nd-largest of 1,496 plans among Tennessee employers on file, and 1,823rd of 3,091 in educational services. In 2024, employees put in $1.00 for every $1.00 the employer contributed; active participation has shrunk from 194 to 152 since 2022.

Plan summary
Net assets, end of year$14,777,654
Participants with balances316
Active participants152
Employer contributions$304,388
Employee contributions$305,547
Employer contribution per active participant$2,003
Average account balance$46,765
Benefits paid to participants$1,654,875
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.8M · 316 accts · $304K emplr
2023$14.4M · 320 accts · $303K emplr
2022$13.0M · 319 accts · $295K emplr
Administrative expenses, itemized · 2024
Investment management$15,212
Total administrative$15,212
Employer contributions to the Tennessee Wesleyan College plan · 2024
Employer contribution per active participant$2,003
Median for plans this size$2,416
2024$2,003 per active participant
2023$2,047 per active participant
2022$1,523 per active participant

Tennessee Wesleyan College'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.

Administrative cost history3
2024$15,212 · 0.10%
2023$10,896 · 0.08%
2022$10,935 · 0.08%
Same employer
Similar plansEducational Services · Tennessee
Harding Academy TN$16.6M · 0.29%
Presbyterian Day School TN$14.0M · 0.32%
Currey Ingram Academy TN$13.8M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620476661 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.