Plan Ledger DOL Form 5500 · updated monthly

High Mowing School403(b)

HIGH MOWING SCHOOL, INC. 403(B) DC PLAN · WILTON, NH · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

High Mowing School reported $75 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $794 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 0.002%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in New Hampshire (340th of 411), and 2,588th of 3,091 in educational services. In 2024, employees put in $3.33 for every $1.00 the employer contributed; active participation has shrunk from 108 to 55 since 2022.

Plan summary
Net assets, end of year$4,321,343
Participants with balances147
Active participants55
Employer contributions$43,665
Employee contributions$145,446
Employer contribution per active participant$794
Average account balance$29,397
Benefits paid to participants$330,045
Plan auditUnmodified (clean) audit opinion
AuditorBLACKBURN, CHILDERS & STEAGALL, CPA
Plan history3
Yearassets · accounts · employer contribution
2024$4.3M · 147 accts · $44K emplr
2023$4.0M · 138 accts
2022$3.4M · 137 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$75
Total administrative$75
Employer contributions to the High Mowing School plan · 2024
Employer contribution per active participant$794
Median for plans this size$1,313

High Mowing School's 2024 employer contribution ran below the $1,313 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$150

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$75 · 0.00%
2023$125 · 0.00%
2022$25 · 0.00%
Similar plansEducational Services · New Hampshire
Becket Academy NH$9.8M · 0.07%
Mount Prospect Academy NH$9.5M · 0.05%
The White Mountain School NH$6.5M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020222138 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.