Plan Ledger DOL Form 5500 · updated monthly

Hebrew Academy of Tidewater D/B/A Strelitz International Academy403(b)

STRELITZ INTERNATIONAL ACADEMY 403(B) PLAN · VIRGINIA BEACH, VA · plan year 2022

Reported admin expense ratio · 2022
0.29%

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

Hebrew Academy of Tidewater D/B/A Strelitz International Academy reported $13,611 in plan administrative expenses for 2022: 0.29% of average plan assets, below the peer median. Employer contributions averaged $909 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Virginia (1,880th of 2,266), and 2,565th of 3,091 in educational services. In 2022, employees put in $2.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,501,110
Participants with balances95
Active participants69
Employer contributions$62,747
Employee contributions$145,950
Employer contribution per active participant$909
Average account balance$47,380
Benefits paid to participants$144,857
Plan auditUnmodified (clean) audit opinion
AuditorMCGILL, POWER, BELL & ASSOCIATES
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$12,908
Professional / advisory$703
Total administrative$13,611
Employer contributions to the Hebrew Academy of Tidewater D/B/A Strelitz International Academy plan · 2022
Employer contribution per active participant$909
Median for plans this size$1,114

Hebrew Academy of Tidewater D/B/A Strelitz International Academy's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$13,611 · 0.29%
Similar plansEducational Services · Virginia
Congressional School VA$6.3M · 0.71%
The Faison Center, Inc. VA$5.3M · 0.43%
Norfolk Christian Schools VA$3.8M · 0.92%
Straighterline, Inc. VA$3.8M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540629620 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.