Plan Ledger DOL Form 5500 · updated monthly

Wilmington College403(b)

WILMINGTON COLLEGE DEFINED CONTRIBUTION RETIREMENT PLAN · WILMINGTON, OH · plan year 2023

Reported admin expense ratio · 2023
0.03%

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

Wilmington College reported $12,762 in plan administrative expenses for 2023: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,085 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 fell from 0.001% to 0.001%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other educational services employers. By assets it is the 647th-largest of 3,295 plans among Ohio employers on file, and the 894th of 3,091 in educational services. In 2023, employees put in $1.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$51,175,837
Participants with balances451
Active participants234
Employer contributions$487,891
Employee contributions$545,628
Employer contribution per active participant$2,085
Average account balance$113,472
Benefits paid to participants$3,942,738
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$50.2M · 449 accts · $521K emplr
2023$51.2M · 451 accts · $488K emplr
2022$47.8M · 448 accts · $510K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$375
Investment management$12,387
Total administrative$12,762
Employer contributions to the Wilmington College plan · 2023
Employer contribution per active participant$2,085
Median for plans this size$2,440
2024$3,121 per active participant
2023$2,085 per active participant
2022$2,198 per active participant

Wilmington College'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 · 20233
TIAA · Recordkeeping · Pension consulting$375
PLANPILOT, LLC · Investment management$11,657
EQUITABLE FINANCIAL LIFE INSURANCE · Trustee (directed) · Investment managementindirect 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
2024TIAA
2023TIAA

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

Administrative cost history3
2024$400 · 0.00%
2023$12,762 · 0.03%
2022$670 · 0.00%
Same employer
Similar plansEducational Services · Ohio
Hiram College OH$63.4M · 0.10%
Walsh University, Inc. OH$60.7M · 0.20%
Hathaway Brown School OH$51.8M · 0.04%
Hawken School OH$49.6M · 0.11%
Ohio Dominican University OH$43.3M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310537514 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.