Plan Ledger DOL Form 5500 · updated monthly

Monarch School of New England403(b)

MONARCH SCHOOL 403(B) RETIREMENT PLAN · ROCHESTER, NH · plan year 2022

Reported admin expense ratio · 2022
0.89%

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

Monarch School of New England reported $24,161 in plan administrative expenses for 2022: 0.89% of average plan assets, higher than ~75% of peers. Employer contributions averaged $637 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in New Hampshire (371st of 411), and 2,809th of 3,091 in educational services. In 2022, employees put in $2.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,396,088
Participants with balances85
Active participants122
Employer contributions$77,728
Employee contributions$203,083
Employer contribution per active participant$637
Average account balance$28,189
Benefits paid to participants$421,043
Plan auditUnmodified (clean) audit opinion
Employer contributions to the Monarch School of New England plan · 2022
Employer contribution per active participant$637
Median for plans this size$1,114

Monarch School of New England's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$24,161 · 0.89%
Same employer
Similar plansEducational Services · New Hampshire
The White Mountain School NH$6.5M · 0.23%
High Mowing School NH$4.3M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020315196 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.