Plan Ledger DOL Form 5500 · updated monthly

Webber Intl. University, Inc.403(b)

WEBBER INTL. UNIVERSITY, INC. 403(B) DC & TDA PLAN · BABSON PARK, FL · plan year 2022

Employer contribution per participant · 2022
$762

Webber Intl. University, Inc.'s 2022 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 $12,245,418 across 182 participant accounts, with employer contributions averaging $762 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 26,806 comparable plans and shown alongside other educational services employers. By assets it is the 1,562nd-largest of 3,644 plans among Florida employers on file, and 1,959th of 3,091 in educational services. In 2022, employees put in $1.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,245,418
Participants with balances182
Active participants118
Employer contributions$89,962
Employee contributions$125,114
Employer contribution per active participant$762
Average account balance$67,283
Benefits paid to participants$630,594
Plan auditUnmodified (clean) audit opinion
AuditorBUNTING, TRIPP & INGLEY, LLP
Employer contributions to the Webber Intl. University, Inc. plan · 2022
Employer contribution per active participant$762
Median for plans this size$2,266

Webber Intl. University, Inc.'s 2022 employer contribution ran below the $2,266 median for plans its size, in the bottom 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.

Similar plansEducational Services · Florida
Infilaw Corporation FL$13.9M · 0.04%
Ave Maria School of Law FL$12.4M · 0.22%
Ave Maria University FL$11.8M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592139553 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.