Plan Ledger DOL Form 5500 · updated monthly

Marianapolis Preparatory School, Inc.403(b)

MARIANAPOLIS PREPARATORY SCHOOL DEFINED CONTRIB RET PLAN · THOMPSON, CT · plan year 2024

Employer contribution per participant · 2024
$1,175

Marianapolis Preparatory School, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $10,439,163 across 114 participant accounts, with employer contributions averaging $1,175 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 2 years on file its reported administrative ratio has held roughly steady near 0.001%. 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 Connecticut (736th of 1,106), and 2,077th of 3,091 in educational services. In 2024, employees put in $2.16 for every $1.00 the employer contributed; active participation has grown from 84 to 102 since 2022.

Plan summary
Net assets, end of year$10,439,163
Participants with balances114
Active participants102
Employer contributions$119,861
Employee contributions$259,307
Employer contribution per active participant$1,175
Average account balance$91,572
Benefits paid to participants$334,054
Plan auditUnmodified (clean) audit opinion
AuditorO'CONNELL, PACE & CO. P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$10.4M · 114 accts · $120K emplr
2023$9.2M · 112 accts · $111K emplr
2022$7.9M · 112 accts · $135K emplr
Employer contributions to the Marianapolis Preparatory School, Inc. plan · 2024
Employer contribution per active participant$1,175
Median for plans this size$1,313
2024$1,175 per active participant
2023$1,365 per active participant
2022$1,606 per active participant

Marianapolis Preparatory School, Inc.'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.

Administrative cost history3
2024Not separately reported
2023$50 · 0.00%
2022$50 · 0.00%
Similar plansEducational Services · Connecticut
Indian Mountain School CT$15.1M · 0.15%
Benhaven, Inc. CT$8.3M · 0.02%
Domus Kids, Inc. CT$6.9M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061623476 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.