Westminster College Defined Contribution Retirement Plan — Form 5500 plan (Westminster College)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Westminster College Defined Contribution Retirement Plan is a benefit plan reported by Westminster College under EIN 25-0981156 and plan number 002. The latest loaded filing year is 2023. The filing reports 506 participants and $75,100,149 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$75.1MPlan net assets, end of year$75,100,149
Participants506Covered participants reported
Assets / participant$148.4KComputed: assets ÷ participants$148,419 (computed)
Provider compensation$18.8K2 Schedule C provider row(s)$18,775
- Plan sponsor
- Westminster College
- EIN
- 25-0981156
- Plan number
- 002
- Plan type
- 2
- Location
- New Wilmington, PA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 506 | H, C | 20240917143307NAL0001165315001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$75.1M total assets
Net assets$75.1MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $75,100,149
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $75,100,149
- Net assets (BOY)
- $68,478,931
Income & contributions
- Employer contributions
- $534,853
- Participant contributions
- $953,622
- Total contributions
- $1,502,934
- Total income / additions
- $10,851,643
Expenses & distributions
- Benefits paid
- $4,211,650
- Administrative expenses
- $18,775
- Total expenses
- $4,230,425
- Net increase / (decrease)
- $6,621,218
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
36%64%
Employer 36%Participant 64%
Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income39%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Schneider Downs & Co. , Inc. | NONE | $18,000 | not reported in the loaded dataset | 2023 |
| Tiaa | NONE | $775 | $0 | 2023 |