Plan Ledger DOL Form 5500 · updated monthly

Flint Hill School403(b)

FLINT HILL 403(B) DC AND TDA PLAN · OAKTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Flint Hill School reported $37,565 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,640 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 has held roughly steady near 0.048%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 335th-largest of 2,266 plans among Virginia employers on file, and the 636th of 3,091 in educational services. In 2024, employees put in $1.33 for every $1.00 the employer contributed; active participation has grown from 228 to 305 since 2022.

Plan summary
Net assets, end of year$82,279,181
Participants with balances595
Active participants305
Employer contributions$1,415,122
Employee contributions$1,876,848
Employer contribution per active participant$4,640
Average account balance$138,284
Benefits paid to participants$4,780,859
Plan auditUnmodified (clean) audit opinion
AuditorHOZIK & COMPANY, P.L.C.
Plan history3
Yearassets · accounts · employer contribution
2024$82.3M · 595 accts · $1.4M emplr
2023$74.6M · 595 accts · $1.3M emplr
2022$66.2M · 604 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,565
Total administrative$37,565
Employer contributions to the Flint Hill School plan · 2024
Employer contribution per active participant$4,640
Median for plans this size$3,635
2024$4,640 per active participant
2023$5,605 per active participant
2022$5,533 per active participant

Flint Hill School's 2024 employer contribution ran above the $3,635 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
TEACHERS INSURANCE AND ANNUITY ASSO · Contract administrator · Loan processing$26,817
CAP FINANCIAL PARTNERS, LLC · Contract administrator · Loan processing$10,747

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$37,565 · 0.05%
2023$46,976 · 0.07%
2022$31,584 · 0.05%
Same employer
Similar plansEducational Services · Virginia
Regent University VA$95.0M · 0.01%
Woodberry Forest School VA$77.3M · 0.23%
Randolph College VA$71.0M · 0.03%
Norfolk Academy VA$61.1M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541538212 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.