Plan Ledger DOL Form 5500 · updated monthly

Washington & Jefferson College403(b)

WASHINGTON & JEFFERSON COLLEGE DEFINED CONTRIBUTION PLAN · WASHINGTON, PA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Washington & Jefferson College reported $9,655 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,446 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 0.024% to 0.017%. 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 675th-largest of 3,651 plans among Pennsylvania employers on file, and the 787th of 3,091 in educational services. In 2024, the employer put in $1.15 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$61,786,702
Participants with balances682
Active participants322
Employer contributions$1,431,613
Employee contributions$1,244,954
Employer contribution per active participant$4,446
Average account balance$90,596
Benefits paid to participants$2,506,193
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$61.8M · 682 accts · $1.4M emplr
2023$54.5M · 653 accts · $1.5M emplr
2022$47.9M · 642 accts · $856K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$905
Audit (IQPA)$8,750
Total administrative$9,655
Employer contributions to the Washington & Jefferson College plan · 2024
Employer contribution per active participant$4,446
Median for plans this size$3,635
2024$4,446 per active participant
2023$4,634 per active participant
2022$2,577 per active participant

Washington & Jefferson College's 2024 employer contribution ran above 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 · 20242
TIAA-CREF · Recordkeeping · Investment management$905
SCHNEIDER DOWNS & CO., INC. · Accounting / audit$8,750

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$9,655 · 0.02%
2023$725 · 0.00%
2022$12,100 · 0.02%
All plans at this employer2
WASHINGTON & JEFFERSON COLLEGE DEFINED CONTRIBUTION PLAN403(b)
WASHINGTON & JEFFERSON COLLEGE TIAA CREF GROUP RETIREMENT ANNUITY PLAN403(b)
Same employer
Similar plansEducational Services · Pennsylvania
The Hill School PA$69.9M · 0.16%
Seton Hill University PA$69.3M · 0.07%
Neumann University PA$63.4M · 0.13%
Waynesburg University PA$59.1M · 0.04%
The Episcopal Academy PA$58.3M · 0.05%
The Agnes Irwin School PA$57.6M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 250965601 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.