The Governing Committee of the Section 403(B) Defined Contribution403(b)

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

The Governing Committee of the Section 403(B) Defined Contribution reported $3,110,588 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,253 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 3 years on file its reported administrative ratio has held roughly steady near 0.265%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other educational services employers. By assets it is the 40th-largest of 2,266 plans among Virginia employers on file, and the 40th of 3,091 in educational services. In 2024, employees put in $1.00 for every $1.00 the employer contributed; active participation has grown from 5,192 to 6,105 since 2022.