Plan Ledger DOL Form 5500 · updated monthly

University of Charleston403(b)

UNIVERSITY OF CHARLESTON RETIREMENT PLAN · CHARLESTON, WV · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

University of Charleston reported $1,300 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,823 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 rose from 0.001% to 0.003%. 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 40th-largest of 265 plans among West Virginia employers on file, and the 899th of 3,091 in educational services. In 2024, the employer put in $1.08 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$50,829,037
Participants with balances771
Active participants266
Employer contributions$1,016,976
Employee contributions$944,088
Employer contribution per active participant$3,823
Average account balance$65,926
Benefits paid to participants$2,995,275
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$50.8M · 771 accts · $1.0M emplr
2023$45.5M · 768 accts · $940K emplr
2022$39.7M · 753 accts · $939K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,300
Total administrative$1,300
Employer contributions to the University of Charleston plan · 2024
Employer contribution per active participant$3,823
Median for plans this size$2,416
2024$3,823 per active participant
2023$3,468 per active participant
2022$3,425 per active participant

University of Charleston's 2024 employer contribution ran above the $2,416 median for plans its size. 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 · 20241
TIAA · Recordkeeping · Pension consulting$1,300

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$1,300 · 0.00%
2023$775 · 0.00%
2022$600 · 0.00%
Similar plansEducational Services · West Virginia
Wheeling University WV$45.5M · 0.15%
Bethany College WV$32.6M · 0.04%
Davis & Elkins College WV$25.0M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 550357039 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.