Plan Ledger DOL Form 5500 · updated monthly

German School403(b)

GERMAN SCHOOL DC RETIREMENT PLAN · POTOMAC, MD · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

German School reported $150 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,821 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 0.001% to 0.001%. 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 529th-largest of 1,671 plans among Maryland employers on file, and the 1,393rd of 3,091 in educational services. In 2024, employees put in $2.40 for every $1.00 the employer contributed; active participation has grown from 66 to 78 since 2022.

Plan summary
Net assets, end of year$26,189,937
Participants with balances155
Active participants78
Employer contributions$298,060
Employee contributions$716,213
Employer contribution per active participant$3,821
Average account balance$168,967
Benefits paid to participants$555,080
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.2M · 155 accts · $298K emplr
2023$22.6M · 157 accts · $268K emplr
2022$18.9M · 149 accts · $252K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$150
Total administrative$150
Employer contributions to the German School plan · 2024
Employer contribution per active participant$3,821
Median for plans this size$2,416
2024$3,821 per active participant
2023$3,484 per active participant
2022$3,822 per active participant

German 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
TIAA · Plan administrator$450

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$150 · 0.00%
2023$150 · 0.00%
2022$227 · 0.00%
Similar plansEducational Services · Maryland
The Foundation Schools MD$28.2M · 0.04%
Washington Episcopal School MD$27.8M · 0.19%
The Jemicy School MD$25.7M · 0.23%
The Ivymount School, Inc. MD$24.8M · 0.33%
No Tears Learning, Inc. MD$24.3M · 0.34%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 540740278 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.