Plan Ledger DOL Form 5500 · updated monthly

University of Virginia Darden School Foundation403(b)

UNIVERSITY OF VIRGINIA DARDEN SCHOOL FOUNDATION RETIREMENT PLAN · CHARLOTTESVILLE, VA · plan year 2023

Reported admin expense ratio · 2023
0.40%

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

University of Virginia Darden School Foundation reported $95,145 in plan administrative expenses for 2023: 0.40% of average plan assets, above the peer median. Employer contributions averaged $11,798 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 0.40% to 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other educational services employers. By assets it is the 820th-largest of 2,266 plans among Virginia employers on file, and the 1,394th of 3,091 in educational services. In 2023, the employer put in $1.91 for every $1.00 employees contributed themselves; active participation has grown from 81 to 92 since 2022.

Plan summary
Net assets, end of year$26,172,967
Participants with balances345
Active participants92
Employer contributions$1,085,456
Employee contributions$567,717
Employer contribution per active participant$11,798
Average account balance$75,864
Benefits paid to participants$1,311,376
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.0M · 344 accts · $587K emplr
2023$26.2M · 345 accts · $1.1M emplr
2022$21.7M · 338 accts · $913K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$62,117
Investment management$33,028
Total administrative$95,145
Employer contributions to the University of Virginia Darden School Foundation plan · 2023
Employer contribution per active participant$11,798
Median for plans this size$2,440
2024$5,021 per active participant
2023$11,798 per active participant
2022$11,267 per active participant

University of Virginia Darden School Foundation's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
LINCOLN NATIONAL CORPORATION · Contract administrator$62,117
MERCER INVESTMENTS LLC · Investment advisory (plan)$33,028

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

Administrative cost history3
2024$57,857 · 0.22%
2023$95,145 · 0.40%
2022$81,930 · 0.40%
Same employer
Similar plansEducational Services · Virginia
The Common Application Inc. VA$31.1M · 0.00%
The Madeira School VA$26.0M · 0.29%
Virginia Union University VA$24.7M · 0.02%
Foxcroft School VA$23.0M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 546046419 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.