Plan Ledger DOL Form 5500 · updated monthly

Wgu Corporation403(b)

WGU RETIREMENT SAVINGS PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Wgu Corporation reported $1,187,980 in plan administrative expenses for 2024: 0.25% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,678 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 1 year on file its reported administrative ratio fell from 0.28% to 0.25%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other educational services employers. By assets it is the 8th-largest of 848 plans among Utah employers on file, and the 101st of 3,091 in educational services. In 2024, employees put in $1.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$532,710,602
Participants with balances11,132
Active participants9,058
Employer contributions$33,314,151
Employee contributions$37,930,500
Employer contribution per active participant$3,678
Average account balance$47,854
Benefits paid to participants$30,276,297
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$532.7M · 11,132 accts · $33.3M emplr
2023$431.1M · 12,264 accts · $29.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$979,830
Investment management$184,000
Audit (IQPA)$24,150
Total administrative$1,187,980
Employer contributions to the Wgu Corporation plan · 2024
Employer contribution per active participant$3,678
Median for plans this size$4,294
2024$3,678 per active participant
2023$3,470 per active participant

Wgu Corporation's 2024 employer contribution ran below the $4,294 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 · 20244
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$979,830
KESTRA ADVISORY SERVICES LLC · Consulting · Insurance services$184,000
CBIZ CPAS, P.C. · Accounting / audit$24,150
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$1,187,980 · 0.25%
2023$1,061,118 · 0.28%
Same employer
Similar plansEducational Services · Utah
Loyola Marymount University CA$538.0M · 0.08%
Graham Holdings Company VA$537.1M · 0.06%
Suffolk University MA$531.2M · 0.07%
Oberlin College OH$528.5M · 0.04%
Babson College MA$525.6M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841383926 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.