Plan Ledger DOL Form 5500 · updated monthly

Far Hills Country Day School403(b)

FAR HILLS COUNTRY DAY SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN · FAR HILLS, NJ · plan year 2025

Reported admin expense ratio · 2025
0.02%

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

Far Hills Country Day School reported $7,234 in plan administrative expenses for 2025: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,277 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 3 years on file its reported administrative ratio fell from 0.09% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other educational services employers. By assets it is the 811th-largest of 2,419 plans among New Jersey employers on file, and the 1,269th of 3,091 in educational services. In 2025, employees put in $2.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$31,011,856
Participants with balances215
Active participants67
Employer contributions$152,546
Employee contributions$407,758
Employer contribution per active participant$2,277
Average account balance$144,241
Benefits paid to participants$1,307,850
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$31.0M · 215 accts · $153K emplr
2024$28.1M · 226 accts · $174K emplr
2023$27.2M · 241 accts · $161K emplr
2022$25.3M · 237 accts · $87K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$7,294
Total administrative$7,234
Employer contributions to the Far Hills Country Day School plan · 2025
Employer contribution per active participant$2,277
Median for plans this size$2,666
2025$2,277 per active participant
2024$2,481 per active participant
2023$1,993 per active participant
2022$1,212 per active participant

Far Hills Country Day School's 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
TIAA$3,749

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

Administrative cost history4
2025$7,234 · 0.02%
2024$50,648 · 0.18%
2023$15,549 · 0.06%
2022$25,552 · 0.09%
Similar plansEducational Services · New Jersey
Youth Consultation Service NJ$33.8M · 0.04%
Ranney School NJ$33.6M · 0.22%
Terranova Group, Inc NJ$31.7M · 0.23%
Educationdynamics NJ$29.1M · 0.33%
Saint Elizabeth University NJ$28.6M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221489901 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.