Plan Ledger DOL Form 5500 · updated monthly

McDonogh School, Incorporated403(b)

MCDONOGH SCHOOL RETIREMENT PLAN · OWING MILLS, MD · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

McDonogh School, Incorporated reported $93,456 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $3,719 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 0.123%. 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 214th-largest of 1,671 plans among Maryland employers on file, and the 652nd of 3,091 in educational services. In 2024, employees put in $1.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$79,660,226
Participants with balances650
Active participants396
Employer contributions$1,472,777
Employee contributions$1,992,241
Employer contribution per active participant$3,719
Average account balance$122,554
Benefits paid to participants$4,697,779
Plan auditDisclaimer of opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $409K emplr
2024$79.7M · 650 accts · $1.5M emplr
2023$72.5M · 654 accts · $1.5M emplr
2022$66.4M · 646 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$93,456
Total administrative$93,456
Employer contributions to the McDonogh School, Incorporated plan · 2024
Employer contribution per active participant$3,719
Median for plans this size$3,635
2024$3,719 per active participant
2023$3,795 per active participant
2022$3,533 per active participant

McDonogh School, Incorporated'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
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$93,456
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year3
2025Transamerica
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025Not separately reported
2024$93,456 · 0.12%
2023$81,934 · 0.12%
2022$76,788 · 0.12%
Same employer
Similar plansEducational Services · Maryland
Salisbury House, LLC MD$62.9M · 0.37%
Landon School Corporation MD$49.5M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 526001577 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.