Plan Ledger DOL Form 5500 · updated monthly

Foote School Dc Retirement Plan403(b)

FOOTE SCHOOL DC RETIREMENT PLAN · NEW HAVEN, CT · plan year 2022

Reported admin expense ratio · 2022
0.05%

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

Foote School Dc Retirement Plan reported $17,100 in plan administrative expenses for 2022: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,931 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other educational services employers. By assets it is the 386th-largest of 1,106 plans among Connecticut employers on file, and the 1,184th of 3,091 in educational services. In 2022, employees put in $1.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,409,865
Participants with balances287
Active participants120
Employer contributions$471,733
Employee contributions$511,900
Employer contribution per active participant$3,931
Average account balance$119,895
Benefits paid to participants$1,906,526
Plan auditUnmodified (clean) audit opinion
AuditorT.M.BYXBEE COMPANY, PC
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $148K emplr
2022$34.4M · 287 accts · $472K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$14,745
Investment management$2,355
Total administrative$17,100
Employer contributions to the Foote School Dc Retirement Plan plan · 2022
Employer contribution per active participant$3,931
Median for plans this size$2,266

Foote School Dc Retirement Plan's 2022 employer contribution ran above the $2,266 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 history2
2023Not separately reported
2022$17,100 · 0.05%
Similar plansEducational Services · Connecticut
Salisbury School CT$43.4M · 0.03%
Mitchell College CT$36.6M · 0.09%
Kingswood Oxford School CT$35.2M · 0.48%
Eagle Hill School CT$32.5M · 0.13%
Goodwin University, Inc. CT$31.2M · 0.64%
Renbrook School, Inc. CT$29.1M · 0.06%
The Forman School, Inc. CT$28.9M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060646647 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.