Plan Ledger DOL Form 5500 · updated monthly

International Baccalaureate Organiz Tion401(k)

IBO DEFINED CONTRIBUTION PLAN · BETHESDA, MD · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

International Baccalaureate Organiz Tion reported $109,652 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $10,135 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 0.44%. 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 487th-largest of 1,671 plans among Maryland employers on file, and the 1,330th of 3,091 in educational services. In 2024, the employer put in $1.11 for every $1.00 employees contributed themselves; active participation has grown from 169 to 211 since 2022.

Plan summary
Net assets, end of year$28,233,706
Participants with balances303
Active participants211
Employer contributions$2,138,507
Employee contributions$1,930,986
Employer contribution per active participant$10,135
Average account balance$93,181
Benefits paid to participants$587,519
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$28.2M · 303 accts · $2.1M emplr
2023$21.6M · 291 accts · $1.5M emplr
2022$17.1M · 274 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$109,652
Total administrative$109,652
The International Baccalaureate Organiz Tion 401(k) match · 2024
Employer contribution per active participant$10,135
Median for plans this size$2,416
2024$10,135 per active participant
2023$7,947 per active participant
2022$8,112 per active participant

International Baccalaureate Organiz Tion'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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$100,822
PRIME BENEFITS, INC. · Contract administrator · Other services$8,891
RBC CAPITAL MARKETS, LLC · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$109,652 · 0.44%
2023$84,041 · 0.43%
2022$78,603 · 0.45%
Same employer
Similar plansEducational Services · Maryland
Glenelg Country School MD$34.5M · 0.00%
McLean School of Maryland MD$31.9M · 0.35%
The Foundation Schools MD$28.2M · 0.04%
Washington Episcopal School MD$27.8M · 0.19%
German School MD$26.2M · 0.00%
The Jemicy School MD$25.7M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300388800 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.