Plan Ledger DOL Form 5500 · updated monthly

Forsyth Country Day School403(b)

FORSYTH COUNTRY DAY SCHOOL DEFINED CONTRIBUTION RE · LEWISVILLE, NC · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Forsyth Country Day School reported $21,413 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,945 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 2 years on file its reported administrative ratio rose from 0.04% to 0.06%. 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 481st-largest of 2,005 plans among North Carolina employers on file, and the 1,106th of 3,091 in educational services. In 2024, employees put in $1.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$37,947,370
Participants with balances452
Active participants178
Employer contributions$524,227
Employee contributions$887,482
Employer contribution per active participant$2,945
Average account balance$83,954
Benefits paid to participants$2,733,759
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$37.9M · 452 accts · $524K emplr
2023$35.4M · 475 accts · $479K emplr
2022$31.2M · 452 accts · $404K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,413
Total administrative$21,413
Employer contributions to the Forsyth Country Day School plan · 2024
Employer contribution per active participant$2,945
Median for plans this size$2,416
2024$2,945 per active participant
2023$2,750 per active participant
2022$2,293 per active participant

Forsyth Country Day School's 2024 employer contribution ran above the $2,416 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 · 20241

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

Administrative cost history4
2025Not separately reported
2024$21,413 · 0.06%
2023$15,947 · 0.05%
2022$10,936 · 0.04%
Same employer
Similar plansEducational Services · North Carolina
Johnson C Smith University NC$39.8M · 0.02%
Belmont Abbey College, Inc. NC$39.0M · 0.34%
College Foundation, Inc. NC$38.3M · 0.05%
Pfeiffer University NC$33.4M · 0.16%
The Asheville School NC$30.9M · 0.12%
University of Mount Olive NC$28.1M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560940956 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.