Plan Ledger DOL Form 5500 · updated monthly

Cape Henry Collegiate School403(b)

CAPE HENRY COLLEGIATE RETIREMENT PLAN · VIRGINIA BEACH, VA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Cape Henry Collegiate School reported $59,228 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $4,252 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 0.21% to 0.19%. 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 694th-largest of 2,266 plans among Virginia employers on file, and the 1,221st of 3,091 in educational services. In 2024, the employer put in $1.02 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$32,645,764
Participants with balances349
Active participants178
Employer contributions$756,885
Employee contributions$738,925
Employer contribution per active participant$4,252
Average account balance$93,541
Benefits paid to participants$2,550,247
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.6M · 349 accts · $757K emplr
2023$30.3M · 363 accts · $730K emplr
2022$26.1M · 392 accts · $672K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,398
Investment management$14,053
Audit (IQPA)$13,777
Total administrative$59,228
Employer contributions to the Cape Henry Collegiate School plan · 2024
Employer contribution per active participant$4,252
Median for plans this size$2,416
2024$4,252 per active participant
2023$3,988 per active participant
2022$3,775 per active participant

Cape Henry Collegiate School's 2024 employer contribution ran above the $2,416 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 · Insurance services$32,148
CHARLES W. SNADER, P.C. · Accounting / audit$13,777
HUB INVESTMENT PARTNERS · Investment advisory (plan)$10,479

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$59,228 · 0.19%
2023$54,583 · 0.19%
2022$52,370 · 0.21%
Same employer
Similar plansEducational Services · Virginia
The Langley School VA$40.9M · 0.04%
The Common Application Inc. VA$31.1M · 0.00%
The Madeira School VA$26.0M · 0.29%
Virginia Union University VA$24.7M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540793766 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.