Plan Ledger DOL Form 5500 · updated monthly

Wittenberg University403(b)

WITTENBERG UNIVERSITY DEFINED CONTRIBUTION RETIREMENT PLAN · SPRINGFIELD, OH · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Wittenberg University reported $96,075 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $2,968 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 0.03% to 0.06%. 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 268th-largest of 3,295 plans among Ohio employers on file, and the 356th of 3,091 in educational services. In 2024, employees put in $1.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$151,778,453
Participants with balances1,017
Active participants288
Employer contributions$854,873
Employee contributions$1,382,688
Employer contribution per active participant$2,968
Average account balance$149,241
Benefits paid to participants$14,201,172
Plan auditDisclaimer of opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$151.8M · 1,017 accts · $855K emplr
2023$148.1M · 1,027 accts · $857K emplr
2022$138.9M · 1,014 accts · $768K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,969
Investment management$25,894
Audit (IQPA)$20,212
Total administrative$96,075
Employer contributions to the Wittenberg University plan · 2024
Employer contribution per active participant$2,968
Median for plans this size$3,635
2024$2,968 per active participant
2023$2,713 per active participant
2022$2,536 per active participant

Wittenberg University's 2024 employer contribution ran below the $3,635 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 · 20243
TIAA · Recordkeeping · Pension consulting$49,969
CBIZ INVESTMENT ADVISORY SERVICES · Investment management$25,894
RSM US LLP · Accounting / audit$20,212

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$96,075 · 0.06%
2023$93,712 · 0.07%
2022$44,244 · 0.03%
Same employer
Similar plansEducational Services · Ohio
John Carroll University OH$206.6M · 0.14%
Ohio Wesleyan University OH$194.3M · 0.03%
Antioch University OH$182.0M · 0.12%
Capital University OH$174.9M · 0.08%
Otterbein University OH$136.3M · 0.12%
Franklin University OH$114.3M · 0.20%
Cedarville University OH$111.0M · 0.35%
The University of Findlay OH$109.9M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310537177 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.