Plan Ledger DOL Form 5500 · updated monthly

Harbor Day School403(b)

THE HARBOR DAY SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN · CORONA DEL MAR, CA · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Harbor Day School reported $36,605 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $6,369 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 0.05% to 0.16%. 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 3,249th-largest of 9,483 plans among California employers on file, and the 1,469th of 3,091 in educational services. In 2024, employees put in $1.05 for every $1.00 the employer contributed; active participation has shrunk from 110 to 84 since 2022.

Plan summary
Net assets, end of year$23,464,500
Participants with balances161
Active participants84
Employer contributions$534,963
Employee contributions$559,781
Employer contribution per active participant$6,369
Average account balance$145,742
Benefits paid to participants$1,643,478
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.5M · 161 accts · $535K emplr
2023$21.3M · 160 accts · $454K emplr
2022$19.2M · 162 accts · $502K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,274
Investment management$5,331
Total administrative$36,605
Employer contributions to the Harbor Day School plan · 2024
Employer contribution per active participant$6,369
Median for plans this size$2,416
2024$6,369 per active participant
2023$4,403 per active participant
2022$4,568 per active participant

Harbor Day School's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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
ARMANINO LLP · Accounting / audit$18,480
TIAA$12,869
FLEXPATH STRATEGIES, LLC · Investment advisory (participants)$5,331

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$36,605 · 0.16%
2023$12,874 · 0.06%
2022$10,318 · 0.05%
Similar plansEducational Services · California
The John Thomas Dye School CA$25.1M · 0.11%
Charles Armstrong School CA$24.4M · 0.00%
American Jewish University CA$22.4M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952285957 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.