Plan Ledger DOL Form 5500 · updated monthly

Brookwood School403(b)

BROOKWOOD SCHOOL 403(B) RETIREMENT PLAN · MANCHESTER, MA · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Brookwood School reported $125 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,535 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 rose from 0.000% to 0.000%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 979th-largest of 2,726 plans among Massachusetts employers on file, and the 1,265th of 3,091 in educational services. In 2024, employees put in $3.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$31,133,455
Participants with balances243
Active participants77
Employer contributions$195,179
Employee contributions$692,761
Employer contribution per active participant$2,535
Average account balance$128,121
Benefits paid to participants$3,286,869
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $143K emplr
2024$31.1M · 243 accts · $195K emplr
2023$29.5M · 234 accts · $164K emplr
2022$27.2M · 221 accts · $161K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$125
Total administrative$125
Employer contributions to the Brookwood School plan · 2024
Employer contribution per active participant$2,535
Median for plans this size$2,416
2024$2,535 per active participant
2023$2,021 per active participant
2022$2,044 per active participant

Brookwood School's 2024 employer contribution ran above the $2,416 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.

Administrative cost history4
2025Not separately reported
2024$125 · 0.00%
2023$100 · 0.00%
2022$50 · 0.00%
Similar plansEducational Services · Massachusetts
Fisher College MA$32.9M · 0.03%
Bancroft School MA$32.5M · 0.11%
Lighthouse School, Inc. MA$32.5M · 0.56%
Shore Country Day School MA$30.4M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042227413 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.