Plan Ledger DOL Form 5500 · updated monthly

Marin Academy403(b)

MARIN ACADEMY DEFINED CONTRIBUTION RETIREMENT PLAN · SAN RAFAEL, CA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Marin Academy reported $86,488 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $6,468 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 0.15% to 0.18%. 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 1,763rd-largest of 9,483 plans among California employers on file, and the 911th of 3,091 in educational services. In 2024, employees put in $1.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$50,195,487
Participants with balances301
Active participants128
Employer contributions$827,912
Employee contributions$1,270,809
Employer contribution per active participant$6,468
Average account balance$166,762
Benefits paid to participants$2,722,950
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$50.2M · 301 accts · $828K emplr
2023$44.7M · 303 accts · $779K emplr
2022$39.0M · 293 accts · $704K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$86,488
Total administrative$86,488
Employer contributions to the Marin Academy plan · 2024
Employer contribution per active participant$6,468
Median for plans this size$2,416
2024$6,468 per active participant
2023$6,330 per active participant
2022$5,500 per active participant

Marin Academy'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 · 20243
TIAA$44,475
ARMANINO LLP · Investment management · Accounting / audit$23,500
MULTNOMAH GROUP, INC · Investment advisory (plan)$15,075

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$86,488 · 0.18%
2023$74,321 · 0.18%
2022$64,402 · 0.15%
Similar plansEducational Services · California
Fresno Pacific University CA$53.4M · 0.09%
Keck Graduate Institute CA$50.8M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941186189 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.