Plan Ledger DOL Form 5500 · updated monthly

William Woods University403(b)

WILLIAM WOODS UNIVERSITY 403(B) DC PLAN · FULTON, MO · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

William Woods University reported $99,885 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,028 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 0.27% to 0.47%. 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 568th-largest of 1,393 plans among Missouri employers on file, and the 1,541st of 3,091 in educational services. In 2024, employees put in $2.29 for every $1.00 the employer contributed; active participation has grown from 247 to 276 since 2022.

Plan summary
Net assets, end of year$21,691,256
Participants with balances381
Active participants276
Employer contributions$283,752
Employee contributions$649,290
Employer contribution per active participant$1,028
Average account balance$56,932
Benefits paid to participants$2,901,559
Plan auditDisclaimer of opinion
AuditorWILLIAMS-KEEPERS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$21.7M · 381 accts · $284K emplr
2023$21.1M · 397 accts · $250K emplr
2022$19.4M · 376 accts · $245K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$99,885
Total administrative$99,885
Employer contributions to the William Woods University plan · 2024
Employer contribution per active participant$1,028
Median for plans this size$2,416
2024$1,028 per active participant
2023$904 per active participant
2022$991 per active participant

William Woods University's 2024 employer contribution ran below the $2,416 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.

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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$99,784
GALLAGHER BENEFIT SERVICES INC · Other servicesindirect 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$99,885 · 0.47%
2023$70,397 · 0.35%
2022$60,102 · 0.27%
Same employer
Similar plansEducational Services · Missouri
Culver Stockton College MO$29.5M · 0.00%
The Barstow School MO$26.9M · 0.24%
Stephens College MO$26.4M · 0.06%
Whitfield School MO$19.9M · 0.36%
Ranken Technical College MO$16.9M · 0.01%
Missouri Valley College MO$16.9M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 430654876 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.