Plan Ledger DOL Form 5500 · updated monthly

Burr and Burton Seminary D/B/A Burr and Burton Academy403(b)

BURR AND BURTON ACADEMY 403(B)PLAN · MANCHESTER, VT · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Burr and Burton Seminary D/B/A Burr and Burton Academy reported $46,235 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $3,058 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 0.15% to 0.16%. 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 64th-largest of 230 plans among Vermont employers on file, and the 1,291st of 3,091 in educational services. In 2024, employees put in $1.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$30,025,940
Participants with balances271
Active participants172
Employer contributions$525,963
Employee contributions$818,908
Employer contribution per active participant$3,058
Average account balance$110,797
Benefits paid to participants$2,839,667
Plan auditUnmodified (clean) audit opinion
AuditorGALLAGHER FLYNN & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$30.0M · 271 accts · $526K emplr
2023$27.7M · 272 accts · $499K emplr
2022$24.0M · 262 accts · $474K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,235
Total administrative$46,235
Employer contributions to the Burr and Burton Seminary D/B/A Burr and Burton Academy plan · 2024
Employer contribution per active participant$3,058
Median for plans this size$2,416
2024$3,058 per active participant
2023$2,837 per active participant
2022$2,727 per active participant

Burr and Burton Seminary D/B/A Burr and Burton Academy'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.

Service providers · 20242
TIAA$28,835
PENSIONMARK FINANCIAL GROUP, LLC · Investment advisory (plan)$17,400

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$46,235 · 0.16%
2023$42,026 · 0.16%
2022$37,587 · 0.15%
Same employer
Similar plansEducational Services · Vermont
Vermont Law School VT$45.8M · 0.03%
Landmark College, Inc. VT$44.6M · 0.11%
The Putney School VT$21.2M · 0.12%
Vermont Academy VT$18.8M · 0.01%
Goddard College VT$13.5M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030179404 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.