Plan Ledger DOL Form 5500 · updated monthly

Clarke School for the Deaf403(b)

CLARKE SCHOOLS RETIREMENT PLAN · NORTHAMPTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Clarke School for the Deaf reported $8,558 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,546 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 0.02% to 0.03%. 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 1,066th-largest of 2,726 plans among Massachusetts employers on file, and the 1,351st of 3,091 in educational services. In 2024, employees put in $1.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,497,597
Participants with balances396
Active participants133
Employer contributions$205,608
Employee contributions$406,685
Employer contribution per active participant$1,546
Average account balance$69,438
Benefits paid to participants$3,483,541
Plan auditUnmodified (clean) audit opinion
AuditorMEYERS, BROTHERS KALICKA, PC
Plan history3
Yearassets · accounts · employer contribution
2024$27.5M · 396 accts · $206K emplr
2023$27.1M · 409 accts · $247K emplr
2022$24.7M · 418 accts · $263K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,558
Total administrative$8,558
Employer contributions to the Clarke School for the Deaf plan · 2024
Employer contribution per active participant$1,546
Median for plans this size$2,416
2024$1,546 per active participant
2023$1,774 per active participant
2022$1,892 per active participant

Clarke School for the Deaf's 2024 employer contribution ran below 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
USI CONSULTING GROUP · Claims processing · Recordkeeping$8,558

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

Recordkeeper by year2
2024USI Consulting
2023USI Consulting

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

Administrative cost history3
2024$8,558 · 0.03%
2023$7,172 · 0.03%
2022$5,739 · 0.02%
Same employer
Similar plansEducational Services · Massachusetts
Middlesex School MA$27.1M · 0.14%
Riverview School, Inc. MA$26.8M · 0.01%
Dedham Country Day School MA$26.7M · 0.14%
Dean College MA$26.7M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042104008 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.