Plan Ledger DOL Form 5500 · updated monthly

Wesleyan College403(b)

WESLEYAN COLLEGE RETIREMENT PLAN · MACON, GA · plan year 2024

Employer contribution per participant · 2024
$1,813

Wesleyan College'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 $19,032,122 across 352 participant accounts, with employer contributions averaging $1,813 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 894th-largest of 2,160 plans among Georgia employers on file, and 1,620th of 3,091 in educational services. active participation has shrunk from 194 to 164 since 2022.

Plan summary
Net assets, end of year$19,032,122
Participants with balances352
Active participants164
Employer contributions$297,333
Employee contributions—
Employer contribution per active participant$1,813
Average account balance$54,069
Benefits paid to participants$1,926,458
Plan auditUnmodified (clean) audit opinion
AuditorMCNAIR, MCLEMORE, MIDDLEBROOKS & CO
Plan history3
Yearassets · accounts · employer contribution
2024$19.0M · 352 accts · $297K emplr
2023$18.7M · 359 accts · $261K emplr
2022$17.4M · 358 accts · $270K emplr
Employer contributions to the Wesleyan College plan · 2024
Employer contribution per active participant$1,813
Median for plans this size$2,416
2024$1,813 per active participant
2023$1,541 per active participant
2022$1,389 per active participant

Wesleyan College's 2024 employer contribution ran below 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 · Georgia
Brookstone School, Inc. GA$21.5M · 0.09%
The Galloway Schools, Inc. GA$20.8M · 0.39%
Stratford Academy, Inc. GA$20.6M · 0.11%
George Walton Academy, Inc GA$18.8M · 0.01%
The Schenck School, Inc. GA$18.6M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 580593438 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.