Plan Ledger DOL Form 5500 · updated monthly

Gilman School403(b)

GILMAN SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Gilman School reported $111,864 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $5,504 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 0.12% to 0.11%. 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 161st-largest of 1,671 plans among Maryland employers on file, and the 492nd of 3,091 in educational services. In 2024, employees put in $1.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$108,238,146
Participants with balances637
Active participants300
Employer contributions$1,651,227
Employee contributions$2,496,811
Employer contribution per active participant$5,504
Average account balance$169,919
Benefits paid to participants$4,055,732
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$108.2M · 637 accts · $1.7M emplr
2023$96.8M · 621 accts · $1.6M emplr
2022$86.8M · 618 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$81,835
Investment management$20,000
Audit (IQPA)$9,650
Total administrative$111,864
Employer contributions to the Gilman School plan · 2024
Employer contribution per active participant$5,504
Median for plans this size$3,635
2024$5,504 per active participant
2023$5,145 per active participant
2022$5,190 per active participant

Gilman School'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 · 20243
TIAA · Recordkeeping · Pension consulting$81,835
ROCATON INVESTMENT ADVISORS, LLC · Investment management$20,000
SB & COMPANY, LLC · Accounting / audit$9,650

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$111,864 · 0.11%
2023$119,430 · 0.13%
2022$108,861 · 0.12%
Same employer
Similar plansEducational Services · Maryland
St. John's College MD$137.9M · 0.05%
McDaniel College MD$133.1M · 0.11%
Stevenson University, Inc. MD$117.8M · 0.10%
Connections Education, LLC. MD$106.4M · 0.14%
Washington College MD$103.7M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520591604 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.