Plan Ledger DOL Form 5500 · updated monthly

Wilmington University, Inc.403(b)

WILMINGTON UNIVERSITY 403(B) DC PLAN · NEW CASTLE, DE · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Wilmington University, Inc. reported $129,117 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $1,198 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 0.09% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 32nd-largest of 242 plans among Delaware employers on file, and the 457th of 3,091 in educational services. In 2024, employees put in $1.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$118,325,955
Participants with balances1,114
Active participants2,063
Employer contributions$2,471,093
Employee contributions$3,812,317
Employer contribution per active participant$1,198
Average account balance$106,217
Benefits paid to participants$5,508,588
Plan auditUnmodified (clean) audit opinion
AuditorGUNNIP & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$118.3M · 1,114 accts · $2.5M emplr
2023$105.3M · 1,133 accts · $2.4M emplr
2022$94.1M · 1,084 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,733
Investment management$73,384
Total administrative$129,117
Employer contributions to the Wilmington University, Inc. plan · 2024
Employer contribution per active participant$1,198
Median for plans this size$3,635
2024$1,198 per active participant
2023$1,187 per active participant
2022$1,103 per active participant

Wilmington University, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20243
TIAA · Recordkeeping · Pension consulting$55,733
FLEXPATH STRATEGIES, LLC · Investment advisory (participants)$60,305
VEERY CAPITAL · Investment management$13,079

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$129,117 · 0.12%
2023$105,425 · 0.11%
2022$84,867 · 0.09%
Same employer
Similar plansEducational Services · Delaware
Saint Leo University FL$119.3M · 0.14%
Wabash College IN$119.2M · 0.11%
Mills College CA$118.8M · 0.11%
Knox College IL$118.6M · 0.10%
Aurora University IL$117.9M · 0.12%
Stevenson University, Inc. MD$117.8M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510107088 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.