Plan Ledger DOL Form 5500 · updated monthly

Wendell Foster's Campus for Developmental Disabilities, Inc.403(b)

WENDELL FOSTER'S CAMPUS FOR DEVELOPMENTAL DISABILITIES, INC. 403(B) PLAN · OWENSBORO, KY · plan year 2023

Reported admin expense ratio · 2023
0.47%

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

Wendell Foster's Campus for Developmental Disabilities, Inc. reported $57,603 in plan administrative expenses for 2023: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,558 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 0.48% to 0.53%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 399th-largest of 871 plans among Kentucky employers on file, and the 4,852nd of 11,911 in health care & social assistance. In 2023, employees put in $1.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,269,235
Participants with balances338
Active participants340
Employer contributions$529,585
Employee contributions$707,116
Employer contribution per active participant$1,558
Average account balance$39,258
Benefits paid to participants$813,901
Plan auditUnmodified (clean) audit opinion
AuditorEBELHAR WHITEHEAD, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$13.2M · 357 accts · $536K emplr
2023$13.3M · 338 accts · $530K emplr
2022$11.1M · 356 accts · $494K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$57,603
Total administrative$57,603
Employer contributions to the Wendell Foster's Campus for Developmental Disabilities, Inc. plan · 2023
Employer contribution per active participant$1,558
Median for plans this size$2,440
2024$1,571 per active participant
2023$1,558 per active participant
2022$1,411 per active participant

Wendell Foster's Campus for Developmental Disabilities, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$57,602
RETIREMENT MANAGEMENT SERVICES, LLC · Other servicesindirect comp
EDWARD JONES · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$70,250 · 0.53%
2023$57,603 · 0.47%
2022$50,599 · 0.48%
Same employer
Similar plansHealth Care & Social Assistance · Kentucky
Versant Dental, PLLC KY$14.7M · 0.33%
Commonwealth Dental Group KY$14.6M · 0.51%
Winterwood, Inc. KY$13.0M · 0.60%
Healthfirst Bluegrass Inc KY$12.9M · 0.31%
Stewart Home & School, LLC KY$12.7M · 0.34%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 610490868 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.