Plan Ledger DOL Form 5500 · updated monthly

Cardigan Mountain School403(b)

CARDIGAN MOUNTAIN SCHOOL DC RETIREMENT PLAN · CAANAN, NH · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Cardigan Mountain School reported $82,691 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $5,273 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 0.21% to 0.32%. 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 141st-largest of 411 plans among New Hampshire employers on file, and the 1,363rd of 3,091 in educational services. In 2024, the employer put in $1.23 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$27,114,719
Participants with balances341
Active participants124
Employer contributions$653,829
Employee contributions$532,269
Employer contribution per active participant$5,273
Average account balance$79,515
Benefits paid to participants$1,886,676
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.1M · 341 accts · $654K emplr
2023$25.0M · 343 accts · $624K emplr
2022$21.9M · 328 accts · $605K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,071
Total administrative$82,691
The Cardigan Mountain School 401(k) match · 2024
Employer contribution per active participant$5,273
Median for plans this size$2,416
2024$5,273 per active participant
2023$4,657 per active participant
2022$5,041 per active participant

Cardigan Mountain 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
RICHARDS INC. D/B/A THE RICHARDS GR$39,619
WHITNEY PENSION ASSOCIATES, INC.$16,120

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$82,691 · 0.32%
2023$45,887 · 0.20%
2022$48,971 · 0.21%
Same employer
Similar plansEducational Services · New Hampshire
Rivier University NH$42.3M · 0.12%
The Derryfield School NH$32.3M · 0.23%
Brewster Academy NH$32.1M · 0.14%
Kimball Union Academy NH$31.8M · 0.18%
Coe-Brown Northwood Academy NH$24.9M · 0.00%
Proctor Academy NH$22.3M · 0.38%
The New Hampton School NH$21.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020223580 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.