Plan Ledger DOL Form 5500 · updated monthly

Connelly School of the Holy Child403(b)

CONNELLY SCHOOL OF THE HOLY CHILD 403(B) DC PLAN · POTOMAC, MD · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Connelly School of the Holy Child reported $9,825 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,276 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 0.00% to 0.07%. 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 809th-largest of 1,671 plans among Maryland employers on file, and 1,834th of 3,091 in educational services. In 2024, employees put in $1.15 for every $1.00 the employer contributed; active participation has grown from 97 to 116 since 2022.

Plan summary
Net assets, end of year$14,517,159
Participants with balances232
Active participants116
Employer contributions$380,039
Employee contributions$435,824
Employer contribution per active participant$3,276
Average account balance$62,574
Benefits paid to participants$252,584
Plan auditUnmodified (clean) audit opinion
AuditorHOZIK & COMPANY, P.L.C.
Plan history3
Yearassets · accounts · employer contribution
2024$14.5M · 232 accts · $380K emplr
2023$12.3M · 221 accts · $356K emplr
2022$10.4M · 220 accts · $315K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,825
Total administrative$9,825
Employer contributions to the Connelly School of the Holy Child plan · 2024
Employer contribution per active participant$3,276
Median for plans this size$2,416
2024$3,276 per active participant
2023$3,564 per active participant
2022$3,251 per active participant

Connelly School of the Holy Child'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 · 20242
TIAA$3,925
PENTEGRA$5,900

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$9,825 · 0.07%
2023$3,093 · 0.03%
2022$186 · 0.00%
Similar plansEducational Services · Maryland

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Source: U.S. Department of Labor, Form 5500 series, EIN 520743609 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.