Plan Ledger DOL Form 5500 · updated monthly

Association of Independent Maryland and Dc Schools403(b)

INDEPENDENT SCHOOLS OF MARYLAND AND GREATER WASHINGTON MULTIPLE EMPLOYER PLAN · GLEN BURNIE, MD · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Association of Independent Maryland and Dc Schools reported $33,888 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $626 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.

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 115th-largest of 1,671 plans among Maryland employers on file, and the 349th of 3,091 in educational services. In 2024, employees put in $1.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$155,009,309
Participants with balances1,638
Active participants710
Employer contributions$444,364
Employee contributions$636,911
Employer contribution per active participant$626
Average account balance$94,633
Benefits paid to participants$1,361,279
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,999
Total administrative$33,888
Employer contributions to the Association of Independent Maryland and Dc Schools plan · 2024
Employer contribution per active participant$626
Median for plans this size$3,635

Association of Independent Maryland and Dc Schools'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.

Administrative cost history1
2024$33,888 · 0.02%
Similar plansEducational Services · Maryland
Loyola University Maryland MD$441.4M · 0.05%
2U, Inc. MD$195.2M · 0.10%
Goucher College MD$154.1M · 0.01%
American Physical Society MD$142.7M · 0.09%
St. John's College MD$137.9M · 0.05%
McDaniel College MD$133.1M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237007087 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.