Plan Ledger DOL Form 5500 · updated monthly

Texas College403(b)

TEXAS COLLEGE 403(B) DC PLAN · TYLER, TX · plan year 2022

Employer contribution per participant · 2022
$3,200

Texas College's 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $3,659,402 across 83 participant accounts, with employer contributions averaging $3,200 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Texas (4,402nd of 5,688), and 2,651st of 3,091 in educational services. In 2022, employees put in $1.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,659,402
Participants with balances83
Active participants30
Employer contributions$96,005
Employee contributions$177,647
Employer contribution per active participant$3,200
Average account balance$44,089
Benefits paid to participants$295,641
Plan auditUnmodified (clean) audit opinion
AuditorPHILLIP C. MAY P.C.
Employer contributions to the Texas College plan · 2022
Employer contribution per active participant$3,200
Median for plans this size$1,114

Texas College's 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top 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.

Similar plansEducational Services · Texas
Genesys Works TX$3.9M · 0.61%
Headwaters School TX$3.7M · 0.75%
Hallmark University, Inc. TX$3.5M · 0.41%
Reup Education Inc. TX$3.3M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 750917417 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.