Plan Ledger DOL Form 5500 · updated monthly

Marlborough School403(b)

MARLBOROUGH SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Marlborough School reported $41,841 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $6,661 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 0.06% to 0.07%. 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 1,434th-largest of 9,483 plans among California employers on file, and the 762nd of 3,091 in educational services. In 2024, employees put in $1.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$64,337,601
Participants with balances329
Active participants145
Employer contributions$965,793
Employee contributions$1,440,751
Employer contribution per active participant$6,661
Average account balance$195,555
Benefits paid to participants$5,557,567
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$64.3M · 329 accts · $966K emplr
2023$59.6M · 322 accts · $876K emplr
2022$50.9M · 318 accts · $877K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,841
Total administrative$41,841
Employer contributions to the Marlborough School plan · 2024
Employer contribution per active participant$6,661
Median for plans this size$3,635
2024$6,661 per active participant
2023$6,001 per active participant
2022$6,591 per active participant

Marlborough School's 2024 employer contribution ran above the $3,635 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.

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 · 20242
TIAA · Loan processing$41,181
FIDELITY INVESTMENTS · Loan processing$885

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$41,841 · 0.07%
2023$35,464 · 0.06%
2022$29,952 · 0.06%
Same employer
Similar plansEducational Services · California
Marin Country Day School CA$65.3M · 0.11%
Oakwood School CA$63.2M · 0.17%
Francis Parker School CA$60.9M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952816435 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.