Plan Ledger DOL Form 5500 · updated monthly

Foxcroft School403(b)

FOXCROFT SCHOOL 403(B) RETIREMENT PLAN · MIDDLEBURG, VA · plan year 2023

Reported admin expense ratio · 2023
0.18%

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

Foxcroft School reported $39,975 in plan administrative expenses for 2023: 0.18% of average plan assets, below the peer median. Employer contributions averaged $3,616 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 fell from 0.23% to 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other educational services employers. By assets it is the 904th-largest of 2,266 plans among Virginia employers on file, and the 1,487th of 3,091 in educational services. In 2023, employees put in $1.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,977,104
Participants with balances283
Active participants100
Employer contributions$361,610
Employee contributions$387,843
Employer contribution per active participant$3,616
Average account balance$81,191
Benefits paid to participants$765,985
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $281K emplr
2023$23.0M · 283 accts · $362K emplr
2022$20.3M · 283 accts · $313K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$39,975
Total administrative$39,975
Employer contributions to the Foxcroft School plan · 2023
Employer contribution per active participant$3,616
Median for plans this size$2,440
2023$3,616 per active participant
2022$3,331 per active participant

Foxcroft School's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
TIAA$19,195
ONEDIGITAL INVESTMENT ADVISORS · Investment advisory (plan)$16,087
RESOURCES INVESTMENT ADVISORS, INC. · Investment advisory (participants)$4,842

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

Administrative cost history3
2024Not separately reported
2023$39,975 · 0.18%
2022$46,503 · 0.23%
Similar plansEducational Services · Virginia
The Common Application Inc. VA$31.1M · 0.00%
The Madeira School VA$26.0M · 0.29%
Virginia Union University VA$24.7M · 0.02%
Pansophic Learning US LLC VA$22.7M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540505898 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.