Plan Ledger DOL Form 5500 · updated monthly

Friends Central School Corporation403(b)

FRIENDS CENTRAL SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN · WYNNEWOOD, PA · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Friends Central School Corporation reported $117,547 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $4,820 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 0.14% to 0.17%. 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 617th-largest of 3,651 plans among Pennsylvania employers on file, and the 701st of 3,091 in educational services. In 2024, employees put in $1.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$71,259,081
Participants with balances456
Active participants202
Employer contributions$973,594
Employee contributions$1,399,193
Employer contribution per active participant$4,820
Average account balance$156,270
Benefits paid to participants$6,111,084
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITH&BROWN,PC
Plan history3
Yearassets · accounts · employer contribution
2024$71.3M · 456 accts · $974K emplr
2023$66.7M · 445 accts · $872K emplr
2022$60.8M · 432 accts · $806K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$117,547
Total administrative$117,547
Employer contributions to the Friends Central School Corporation plan · 2024
Employer contribution per active participant$4,820
Median for plans this size$3,635
2024$4,820 per active participant
2023$4,897 per active participant
2022$4,240 per active participant

Friends Central School Corporation'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
TIAA-TEACHERS INS & ANN ASSOC · Recordkeeping$76,121
ONEDIGITAL INVESTMENT ADVISORS · Investment advisory (plan)$69,901

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

Recordkeeper by year2
2024TIAA
2023TIAA

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$117,547 · 0.17%
2023$122,234 · 0.19%
2022$83,586 · 0.14%
Same employer
Similar plansEducational Services · Pennsylvania
Saint Vincent College PA$80.3M · 0.03%
Westminster College PA$78.2M · 0.02%
Shady Side Academy PA$75.2M · 0.22%
The Hill School PA$69.9M · 0.16%
Seton Hill University PA$69.3M · 0.07%
Neumann University PA$63.4M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231352636 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.