Plan Ledger DOL Form 5500 · updated monthly

French International School403(b)

FRENCH INTERNATIONAL SCHOOL 403(B) RETIREMENT PLAN · BETHESDA, MD · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

French International School reported $8,377 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,083 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 fell from 0.08% to 0.02%. 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 421st-largest of 1,671 plans among Maryland employers on file, and the 1,161st of 3,091 in educational services. In 2024, employees put in $1.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$35,451,158
Participants with balances251
Active participants266
Employer contributions$554,118
Employee contributions$1,053,056
Employer contribution per active participant$2,083
Average account balance$141,240
Benefits paid to participants$1,938,157
Plan auditUnmodified (clean) audit opinion
AuditorBELFINT, LYONS & SHUMAN
Plan history3
Yearassets · accounts · employer contribution
2024$35.5M · 251 accts · $554K emplr
2023$31.9M · 224 accts · $502K emplr
2022$27.5M · 217 accts · $475K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,377
Total administrative$8,377
Employer contributions to the French International School plan · 2024
Employer contribution per active participant$2,083
Median for plans this size$2,416
2024$2,083 per active participant
2023$1,859 per active participant
2022$1,917 per active participant

French International School's 2024 employer contribution ran below 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
CAPFINANCIAL PARTNERS, LLC$5,846

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$8,377 · 0.02%
2023$6,106 · 0.02%
2022$24,663 · 0.08%
Same employer
Similar plansEducational Services · Maryland
Bullis School Inc. MD$44.8M · 0.00%
Key School, Inc. MD$41.1M · 0.03%
Teaching Strategies, LLC MD$40.5M · 0.03%
Glenelg Country School MD$34.5M · 0.00%
McLean School of Maryland MD$31.9M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520847186 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.