Plan Ledger DOL Form 5500 · updated monthly

Calvert School403(b)

THE CALVERT SCHOOL 403(B) RETIREMENT SAVINGS PLAN · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Calvert School reported $30,773 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $2,514 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 0.14% to 0.15%. 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 612th-largest of 1,671 plans among Maryland employers on file, and the 1,538th of 3,091 in educational services. In 2024, employees put in $1.52 for every $1.00 the employer contributed; active participation has grown from 173 to 221 since 2022.

Plan summary
Net assets, end of year$21,852,080
Participants with balances264
Active participants221
Employer contributions$555,688
Employee contributions$844,837
Employer contribution per active participant$2,514
Average account balance$82,773
Benefits paid to participants$1,636,867
Plan auditUnmodified (clean) audit opinion
AuditorSC&H ATTEST SERVICES. P. C.
Plan history3
Yearassets · accounts · employer contribution
2024$21.9M · 264 accts · $556K emplr
2023$19.4M · 274 accts · $529K emplr
2022$16.3M · 262 accts · $474K emplr
Employer contributions to the Calvert School plan · 2024
Employer contribution per active participant$2,514
Median for plans this size$2,416
2024$2,514 per active participant
2023$3,150 per active participant
2022$2,740 per active participant

Calvert 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.

Service providers · 20241
T ROWE PRICE RPS INC · Recordkeeping · Participant communication$30,773

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$30,773 · 0.15%
2023$28,238 · 0.16%
2022$25,403 · 0.14%
Same employer
Similar plansEducational Services · Maryland
Washington Episcopal School MD$22.7M · 0.10%
Innovative Learning, Inc. MD$21.9M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520591510 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.