Plan Ledger DOL Form 5500 · updated monthly

Webb School of Knoxville403(b)

TIAA-CREF RETIREMENT PLAN FOR STAFF AND FACULTY OF WEBB SCHOOL · KNOXVILLE, TN · plan year 2024

Employer contribution per participant · 2024
$3,088

Webb School of Knoxville's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $41,280,028 across 448 participant accounts, with employer contributions averaging $3,088 per active participant. See methodology for what Form 5500 does and doesn't capture.

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 321st-largest of 1,496 plans among Tennessee employers on file, and the 1,057th of 3,091 in educational services. In 2024, the employer put in $1.17 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$41,280,028
Participants with balances448
Active participants266
Employer contributions$821,374
Employee contributions$701,923
Employer contribution per active participant$3,088
Average account balance$92,143
Benefits paid to participants$1,755,227
Plan auditUnmodified (clean) audit opinion
AuditorRODEFER MOSS & CO, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$41.3M · 448 accts · $821K emplr
2023$36.8M · 440 accts · $698K emplr
2022$33.6M · 435 accts · $665K emplr
Employer contributions to the Webb School of Knoxville plan · 2024
Employer contribution per active participant$3,088
Median for plans this size$2,416
2024$3,088 per active participant
2023$2,645 per active participant
2022$2,587 per active participant

Webb School of Knoxville'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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
Same employer
Similar plansEducational Services · Tennessee
Freed-Hardeman University TN$47.1M · 0.35%
Montgomery Bell Academy TN$46.7M · 0.01%
Harpeth Hall School TN$45.0M · 0.06%
Memphis University School TN$35.1M · 0.05%
Maryville College TN$34.2M · 0.32%
St. Mary's Episcopal School TN$27.7M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620550980 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.