Plan Ledger DOL Form 5500 · updated monthly

The American College403(b)

THE AMERICAN COLLEGE TAX DEFERRED ANNUITY PLAN · KING OF PRUSSIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

The American College reported $50,680 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $5,739 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 0.26% to 0.15%. 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 1,035th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,145th of 3,091 in educational services. In 2024, employees put in $1.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$36,278,015
Participants with balances331
Active participants190
Employer contributions$1,090,501
Employee contributions$1,830,193
Employer contribution per active participant$5,739
Average account balance$109,601
Benefits paid to participants$2,472,648
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$36.3M · 331 accts · $1.1M emplr
2023$31.0M · 327 accts · $1.2M emplr
2022$26.5M · 318 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,680
Total administrative$50,680
Employer contributions to the The American College plan · 2024
Employer contribution per active participant$5,739
Median for plans this size$2,416
2024$5,739 per active participant
2023$6,127 per active participant
2022$5,364 per active participant

The American College's 2024 employer contribution ran above the $2,416 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.

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 · 20242
NATIONWIDE · Recordkeeping$14,680
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$36,000

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

Recordkeeper by year2
2024Nationwide
2023GLOBAL RETIREMENT PARTNERS LLC, LPL RPCP, Nationwide

This plan has changed recordkeepers within these filings. If you left The American College before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$50,680 · 0.15%
2023$48,619 · 0.17%
2022$77,676 · 0.26%
Same employer
Similar plansEducational Services · Pennsylvania
Sewickley Academy PA$41.9M · 0.09%
The American Law Institute PA$40.9M · 0.34%
Thiel College PA$38.6M
Wilson College PA$34.4M · 0.19%
Keystone College PA$33.7M · 0.12%
Chestnut Hill College PA$31.5M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231352008 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.