Plan Ledger DOL Form 5500 · updated monthly

Hopkins School403(b)

HOPKINS SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN · NEW HAVEN, CT · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Hopkins School reported $16,800 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,865 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 3 years on file its reported administrative ratio has held roughly steady near 0.019%. 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 204th-largest of 1,106 plans among Connecticut employers on file, and the 578th of 3,091 in educational services. In 2024, the employer put in $1.28 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$90,713,650
Participants with balances406
Active participants201
Employer contributions$1,781,846
Employee contributions$1,389,429
Employer contribution per active participant$8,865
Average account balance$223,433
Benefits paid to participants$5,474,602
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$90.7M · 406 accts · $1.8M emplr
2023$82.7M · 407 accts · $1.8M emplr
2022$71.7M · 411 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$450
Audit (IQPA)$16,350
Total administrative$16,800
Employer contributions to the Hopkins School plan · 2024
Employer contribution per active participant$8,865
Median for plans this size$3,635
2024$8,865 per active participant
2023$8,909 per active participant
2022$8,859 per active participant

Hopkins School's 2024 employer contribution ran above the $3,635 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 · 20241
PKF O'CONNOR DAVIES LLP · Accounting / audit$16,350

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$16,800 · 0.02%
2023$19,941 · 0.03%
2022$14,612 · 0.02%
Same employer
Similar plansEducational Services · Connecticut
The Taft School CT$120.9M · 0.09%
Aifs, Inc. CT$106.9M · 0.11%
Achievement First, Inc. CT$98.8M · 0.58%
Kent School Corporation CT$74.7M · 0.24%
Miss Porters School, Inc. CT$64.1M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060646674 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.