Plan Ledger DOL Form 5500 · updated monthly

Thiel College403(b)

THIEL COLLEGE RETIREMENT PLAN · GREENVILLE, PA · plan year 2024

Employer contribution per participant · 2024
$30

Thiel College's 2024 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 $38,589,917 across 569 participant accounts, with employer contributions averaging $30 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio rose from 0.01% to 0.03%. 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 983rd-largest of 3,651 plans among Pennsylvania employers on file, and the 1,095th of 3,091 in educational services. In 2024, employees put in $105.02 for every $1.00 the employer contributed; active participation has shrunk from 235 to 210 since 2022.

Plan summary
Net assets, end of year$38,589,917
Participants with balances569
Active participants210
Employer contributions$6,367
Employee contributions$668,635
Employer contribution per active participant$30
Average account balance$67,821
Benefits paid to participants$3,902,977
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.6M · 569 accts · $6K emplr
2023$36.2M · 582 accts · $480K emplr
2022$34.8M · 572 accts · $451K emplr
Employer contributions to the Thiel College plan · 2024
Employer contribution per active participant$30
Median for plans this size$2,416
2024$30 per active participant
2023$1,845 per active participant
2022$1,921 per active participant

Thiel College's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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.

Service providers · 20241
HENDERSON BROS. RET. PLAN · Pension consulting$28,333

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

Administrative cost history3
2024Not separately reported
2023$10,137 · 0.03%
2022$5,242 · 0.01%
Same employer
Similar plansEducational Services · Pennsylvania
The Baldwin School PA$42.0M · 0.24%
Immaculata University PA$41.9M · 0.10%
Sewickley Academy PA$41.9M · 0.09%
The American Law Institute PA$40.9M · 0.34%
The American College PA$36.3M · 0.15%
Wilson College PA$34.4M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 250965576 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.