Plan Ledger DOL Form 5500 · updated monthly

Becket Academy403(b)

BECKET ACADEMY 403(B) PLAN · ORFORD, NH · plan year 2023

Reported admin expense ratio · 2023
0.07%

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

Becket Academy reported $6,480 in plan administrative expenses for 2023: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $526 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 1 year on file its reported administrative ratio fell from 0.11% to 0.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in New Hampshire (268th of 411), and 2,131st of 3,091 in educational services. In 2023, employees put in $1.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,786,656
Participants with balances319
Active participants748
Employer contributions$393,298
Employee contributions$712,257
Employer contribution per active participant$526
Average account balance$30,679
Benefits paid to participants$489,822
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $280K emplr
2023$9.8M · 319 accts · $393K emplr
2022$7.7M · 338 accts · $334K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$6,480
Total administrative$6,480
Employer contributions to the Becket Academy plan · 2023
Employer contribution per active participant$526
Median for plans this size$1,308
2023$526 per active participant
2022$489 per active participant

Becket Academy's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FUTURE PLANNING ASSOCIATES INC. · Recordkeeping$6,480

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024FUTURE PLANNING ASSOCIATES INC.
2023FUTURE PLANNING ASSOCIATES INC.

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024Not separately reported
2023$6,480 · 0.07%
2022$8,560 · 0.11%
Same employer
Similar plansEducational Services · New Hampshire
Coe-Brown Northwood Academy NH$24.9M · 0.00%
Proctor Academy NH$22.3M · 0.38%
The New Hampton School NH$21.7M · 0.03%
Dublin School NH$11.1M · 0.37%
Mount Prospect Academy NH$9.5M · 0.05%
The White Mountain School NH$6.5M · 0.23%
High Mowing School NH$4.3M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020511096 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.