Plan Ledger DOL Form 5500 · updated monthly

Congressional School403(b)

403(B) THRIFT PLAN FOR CONGRESSIONAL SCHOOL · FALLS CHURCH, VA · plan year 2023

Reported admin expense ratio · 2023
0.71%

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

Congressional School reported $41,175 in plan administrative expenses for 2023: 0.71% of average plan assets, above the peer median. Employer contributions averaged $980 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 1 year on file its reported administrative ratio rose from 0.62% to 0.71%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Virginia (1,721st of 2,266), and 2,402nd of 3,091 in educational services. In 2023, employees put in $2.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,271,079
Participants with balances98
Active participants146
Employer contributions$143,088
Employee contributions$426,144
Employer contribution per active participant$980
Average account balance$63,991
Benefits paid to participants$483,873
Plan auditUnmodified (clean) audit opinion
AuditorHOZIK & COMPANY, P.L.C.
Plan history2
Yearassets · accounts · employer contribution
2023$6.3M · 98 accts · $143K emplr
2022$5.4M · 95 accts · $135K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$41,175
Total administrative$41,175
Employer contributions to the Congressional School plan · 2023
Employer contribution per active participant$980
Median for plans this size$1,308
2023$980 per active participant
2022$1,002 per active participant

Congressional School's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$41,053
WILSHIRE ASSOCIATES INC · Investment advisory (plan)indirect comp
KESTRA ADVISORY SERVICES, LLC · Investment advisory (plan)indirect comp

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

Administrative cost history2
2023$41,175 · 0.71%
2022$30,207 · 0.62%
Similar plansEducational Services · Virginia
Randolph Macon Academy VA$6.9M · 0.12%
J127 Education Foundation VA$6.5M · 0.55%
The Faison Center, Inc. VA$5.3M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541115179 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.