Plan Ledger DOL Form 5500 · updated monthly

Drew School403(b)

DREW SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Drew School reported $3,865 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,669 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 0.01% to 0.02%. 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 3,792nd-largest of 9,483 plans among California employers on file, and 1,630th of 3,091 in educational services. In 2024, employees put in $1.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,827,509
Participants with balances170
Active participants61
Employer contributions$406,824
Employee contributions$740,849
Employer contribution per active participant$6,669
Average account balance$110,750
Benefits paid to participants$2,386,566
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$18.8M · 170 accts · $407K emplr
2023$17.6M · 161 accts · $401K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,865
Total administrative$3,865
Employer contributions to the Drew School plan · 2024
Employer contribution per active participant$6,669
Median for plans this size$2,416
2024$6,669 per active participant
2023$6,676 per active participant

Drew 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 · 20241
TIAA$3,940

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

Administrative cost history2
2024$3,865 · 0.02%
2023$1,231 · 0.01%
Similar plansEducational Services · California
Hillbrook School CA$19.5M · 0.21%
Sonoma Academy CA$19.4M · 0.25%
Prospect Sierra School CA$18.0M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942219550 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.