Plan Ledger DOL Form 5500 · updated monthly

Glenelg Country School403(b)

GLENELG COUNTRY SCHOOL DC RETIREMENT PLAN · ELLICOTT CITY, MD · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Glenelg Country School reported $475 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,950 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 0.001% 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 432nd-largest of 1,671 plans among Maryland employers on file, and the 1,178th of 3,091 in educational services. In 2024, employees put in $2.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,501,181
Participants with balances395
Active participants157
Employer contributions$306,177
Employee contributions$726,912
Employer contribution per active participant$1,950
Average account balance$87,345
Benefits paid to participants$1,841,547
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.5M · 395 accts · $306K emplr
2023$31.1M · 385 accts · $315K emplr
2022$28.1M · 364 accts · $312K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$475
Total administrative$475
Employer contributions to the Glenelg Country School plan · 2024
Employer contribution per active participant$1,950
Median for plans this size$2,416
2024$1,950 per active participant
2023$1,741 per active participant
2022$1,803 per active participant

Glenelg Country 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
TIAA$475

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$475 · 0.00%
2023$350 · 0.00%
2022$175 · 0.00%
Same employer
Similar plansEducational Services · Maryland
Teaching Strategies, LLC MD$40.5M · 0.03%
French International School MD$35.5M · 0.02%
McLean School of Maryland MD$31.9M · 0.35%
The Foundation Schools MD$28.2M · 0.04%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 520674564 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.