Plan Ledger DOL Form 5500 · updated monthly

Madison Country Day School403(b)

MADISON COUNTRY DAY SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN · WAUNAKEE, WI · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Madison Country Day School reported $13,387 in plan administrative expenses for 2024: 0.15% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,644 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 0.148%. 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 Wisconsin (1,284th of 1,936), and 2,126th of 3,091 in educational services. In 2024, employees put in $1.23 for every $1.00 the employer contributed; active participation has grown from 101 to 113 since 2022.

Plan summary
Net assets, end of year$9,827,406
Participants with balances200
Active participants113
Employer contributions$298,731
Employee contributions$368,479
Employer contribution per active participant$2,644
Average account balance$49,137
Benefits paid to participants$157,579
Plan auditUnmodified (clean) audit opinion
AuditorSORREN
Plan history3
Yearassets · accounts · employer contribution
2024$9.8M · 200 accts · $299K emplr
2023$8.3M · 195 accts · $279K emplr
2022$6.9M · 192 accts · $198K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,387
Total administrative$13,387
Employer contributions to the Madison Country Day School plan · 2024
Employer contribution per active participant$2,644
Median for plans this size$1,313
2024$2,644 per active participant
2023$2,585 per active participant
2022$1,964 per active participant

Madison Country Day School's 2024 employer contribution ran above the $1,313 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
TIAA TEACHERS INSURANCE AND ANNUITY · Contract administrator$13,387

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$13,387 · 0.15%
2023$12,636 · 0.17%
2022$9,546 · 0.15%
Similar plansEducational Services · Wisconsin
Nbi, Inc. WI$18.2M · 0.46%
Seeds of Health, Inc. WI$15.5M · 0.35%
Open Sky Education, Inc. WI$8.7M · 1.01%
Chileda Institute, Inc. WI$4.9M · 0.11%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 391832986 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.