Plan Ledger DOL Form 5500 · updated monthly

Avon Old Farms School, Inc.403(b)

AVON OLD FARMS SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN · AVON, CT · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Avon Old Farms School, Inc. reported $27,000 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,614 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 0.053% to 0.050%. 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 286th-largest of 1,106 plans among Connecticut employers on file, and the 842nd of 3,091 in educational services. In 2024, the employer put in $1.90 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$56,153,736
Participants with balances324
Active participants194
Employer contributions$1,477,178
Employee contributions$777,151
Employer contribution per active participant$7,614
Average account balance$173,314
Benefits paid to participants$4,329,025
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$56.2M · 324 accts · $1.5M emplr
2023$52.4M · 338 accts · $1.4M emplr
2022$48.6M · 346 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,620
Investment management$8,000
Audit (IQPA)$16,380
Total administrative$27,000
Employer contributions to the Avon Old Farms School, Inc. plan · 2024
Employer contribution per active participant$7,614
Median for plans this size$3,635
2024$7,614 per active participant
2023$7,849 per active participant
2022$7,112 per active participant

Avon Old Farms School, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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$2,620
COHNREZNICK, LLP · Accounting / audit$16,380
LPL FINANCIAL$8,000

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$27,000 · 0.05%
2023$32,260 · 0.06%
2022$24,869 · 0.05%
Similar plansEducational Services · Connecticut
Miss Porters School, Inc. CT$64.1M · 0.14%
Greens Farms Academy, Inc. CT$63.7M · 0.10%
King School, Inc. CT$58.8M · 0.13%
Pomfret School CT$55.6M · 0.21%
Suffield Academy CT$53.9M · 0.07%
Hamden Hall School, Inc. CT$51.0M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060655480 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.