Plan Ledger DOL Form 5500 · updated monthly

Buckingham, Browne & Nichols School403(b)

BUCKINGHAM BROWNE & NICHOLS SCHOOL DC RETIREMENT PLAN · CAMBRIDGE, MA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Buckingham, Browne & Nichols School reported $59,857 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,036 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 0.09% to 0.04%. 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 342nd-largest of 2,726 plans among Massachusetts employers on file, and the 383rd of 3,091 in educational services. In 2024, the employer put in $1.24 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$142,136,078
Participants with balances924
Active participants358
Employer contributions$2,876,963
Employee contributions$2,322,219
Employer contribution per active participant$8,036
Average account balance$153,827
Benefits paid to participants$6,631,558
Plan auditDisclaimer of opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$142.1M · 924 accts · $2.9M emplr
2023$128.2M · 902 accts · $2.7M emplr
2022$111.9M · 893 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,250
Investment management$36,471
Audit (IQPA)$20,055
Total administrative$59,857
Employer contributions to the Buckingham, Browne & Nichols School plan · 2024
Employer contribution per active participant$8,036
Median for plans this size$3,635
2024$8,036 per active participant
2023$7,914 per active participant
2022$7,905 per active participant

Buckingham, Browne & Nichols School'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 · Pension consulting$7,471
FIDUCIENT ADVISORS, LLC · Investment advisory (plan)$31,250
RSM US LLP · Accounting / audit$20,055

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$59,857 · 0.04%
2023$49,532 · 0.04%
2022$105,877 · 0.09%
Same employer
Similar plansEducational Services · Massachusetts
McPhs University MA$150.2M · 0.06%
Assumption University MA$146.2M · 0.13%
Noble and Greenough School MA$144.5M · 0.06%
Curry College MA$144.1M · 0.09%
Ef Travel, Inc. MA$139.3M · 0.20%
Trustees of Emmanuel College MA$121.6M · 0.13%
Endicott College MA$116.9M · 0.08%
Gordon College MA$108.2M · 0.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 042103751 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.