Plan Ledger DOL Form 5500 · updated monthly

Doane Academy403(b)

DOANE ACADEMY 403(B) DC PLAN · BURLINGTON, NJ · plan year 2022

Reported admin expense ratio · 2022
0.06%

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

Doane Academy reported $3,054 in plan administrative expenses for 2022: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,419 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in New Jersey (1,868th of 2,419), and 2,502nd of 3,091 in educational services. In 2022, employees put in $1.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,100,680
Participants with balances128
Active participants73
Employer contributions$176,586
Employee contributions$261,522
Employer contribution per active participant$2,419
Average account balance$39,849
Benefits paid to participants$195,848
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$3,054
Total administrative$3,054
Employer contributions to the Doane Academy plan · 2022
Employer contribution per active participant$2,419
Median for plans this size$1,114

Doane Academy's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$3,054 · 0.06%
Similar plansEducational Services · New Jersey
Durand, Inc. NJ$4.6M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 210634575 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.