Plan Ledger DOL Form 5500 · updated monthly

Berkshire School, Inc.403(b)

TIAA-CREF RETIREMENT PLAN FOR ALL EMPLOYEES OF BERKSHIRE SCHOOL · SHEFFIELD, MA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Berkshire School, Inc. reported $41,104 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $5,625 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 0.10% 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 570th-largest of 2,726 plans among Massachusetts employers on file, and the 749th of 3,091 in educational services. In 2024, employees put in $1.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$65,901,321
Participants with balances501
Active participants179
Employer contributions$1,006,897
Employee contributions$1,342,962
Employer contribution per active participant$5,625
Average account balance$131,540
Benefits paid to participants$4,523,585
Plan auditUnmodified (clean) audit opinion
AuditorSEWARD AND MONDE, CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$65.9M · 501 accts · $1.0M emplr
2023$61.2M · 500 accts · $954K emplr
2022$54.7M · 500 accts · $909K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,104
Total administrative$41,104
Employer contributions to the Berkshire School, Inc. plan · 2024
Employer contribution per active participant$5,625
Median for plans this size$3,635
2024$5,625 per active participant
2023$5,357 per active participant
2022$4,916 per active participant

Berkshire School, Inc.'s 2024 employer contribution ran above 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 · 20242
FIDUCIENT ADVISORS LLC · Investment advisory (plan)$34,102
TEACHERS INSURANCE ANNUITY ASSOC · Contract administrator$7,003

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

Administrative cost history3
2024$41,104 · 0.06%
2023$40,854 · 0.07%
2022$55,430 · 0.10%
Same employer
Similar plansEducational Services · Massachusetts
Bay Path University MA$67.3M · 0.13%
Regis College MA$67.0M · 0.15%
Brooks School MA$66.7M · 0.20%
Dana Hall School MA$63.1M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042121313 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.