Plan Ledger DOL Form 5500 · updated monthly

Walsh University, Inc.403(b)

WALSH UNIVERSITY RETIREMENT PLAN · NORTH CANTON, OH · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Walsh University, Inc. reported $115,616 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $3,223 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 0.18% to 0.20%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 558th-largest of 3,295 plans among Ohio employers on file, and the 799th of 3,091 in educational services. In 2024, the employer put in $1.08 for every $1.00 employees contributed themselves; active participation has shrunk from 434 to 308 since 2022.

Plan summary
Net assets, end of year$60,731,794
Participants with balances689
Active participants308
Employer contributions$992,559
Employee contributions$921,893
Employer contribution per active participant$3,223
Average account balance$88,145
Benefits paid to participants$3,962,164
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$60.7M · 689 accts · $993K emplr
2023$56.7M · 684 accts · $1.0M emplr
2022$52.0M · 677 accts · $992K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,894
Investment management$85,062
Audit (IQPA)$13,660
Total administrative$115,616
Employer contributions to the Walsh University, Inc. plan · 2024
Employer contribution per active participant$3,223
Median for plans this size$3,635
2024$3,223 per active participant
2023$3,358 per active participant
2022$2,286 per active participant

Walsh University, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20243
TIAA- TEACHERS INS & ANNUITY ASSN · Investment advisory (plan) · Contract administrator$115,739
CLEARSTEAD ADVISORS, LLC · Investment advisory (plan)$20,000
FORVIS MAZARS, LLP · Accounting / audit$13,660

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$115,616 · 0.20%
2023$97,081 · 0.18%
2022$92,119 · 0.18%
Same employer
Similar plansEducational Services · Ohio
Mount St. Joseph University OH$67.6M · 0.08%
The Seven Hills School OH$64.9M · 0.08%
Hiram College OH$63.4M · 0.10%
Hathaway Brown School OH$51.8M · 0.04%
Wilmington College OH$51.2M · 0.03%
Hawken School OH$49.6M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340868798 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.