Plan Ledger DOL Form 5500 · updated monthly

Union College Kentucky403(b)

UNION COLLEGE RETIREMENT PLAN · BARBOURVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Union College Kentucky reported $31,393 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $784 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 0.21% to 0.17%. 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 310th-largest of 871 plans among Kentucky employers on file, and 1,646th of 3,091 in educational services. In 2024, employees put in $3.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,501,667
Participants with balances295
Active participants89
Employer contributions$69,775
Employee contributions$277,747
Employer contribution per active participant$784
Average account balance$62,718
Benefits paid to participants$1,441,108
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.5M · 295 accts · $70K emplr
2023$17.8M · 289 accts · $61K emplr
2022$16.5M · 293 accts · $64K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,242
Total administrative$31,393
Employer contributions to the Union College Kentucky plan · 2024
Employer contribution per active participant$784
Median for plans this size$2,416
2024$784 per active participant
2023$774 per active participant
2022$744 per active participant

Union College Kentucky'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.

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 · 20244
TIAA TEACHERS INSURANCE AND ANNUITY · Recordkeeping · Pension consulting$5,480
TWO WEST CAPITAL ADVISORS · Investment management$14,607
COULTER & JUSTUS · Actuarial$6,750
PENTEGRA SERVICES, INC. · Plan administrator · Pension consultingindirect comp

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

Recordkeeper by year2
2024TIAA
2023TIAA

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$31,393 · 0.17%
2023$39,036 · 0.23%
2022$37,332 · 0.21%
Same employer
Similar plansEducational Services · Kentucky
The Lexington School KY$27.3M · 0.12%
Sacred Heart Schools, Inc. KY$24.3M · 0.45%
Midway University, Inc. KY$16.9M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610461768 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.