Plan Ledger DOL Form 5500 · updated monthly

Mount Prospect Academy403(b)

MOUNT PROSPECT ACADEMY, INC. 403(B) PLAN · PLYMOUTH, NH · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Mount Prospect Academy reported $4,660 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $776 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 fell from 0.11% to 0.05%. 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 New Hampshire (274th of 411), and 2,160th of 3,091 in educational services. In 2024, employees put in $1.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,458,343
Participants with balances273
Active participants527
Employer contributions$409,074
Employee contributions$711,590
Employer contribution per active participant$776
Average account balance$34,646
Benefits paid to participants$936,329
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.5M · 273 accts · $409K emplr
2023$8.1M · 276 accts · $413K emplr
2022$6.3M · 293 accts · $326K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,660
Total administrative$4,660
Employer contributions to the Mount Prospect Academy plan · 2024
Employer contribution per active participant$776
Median for plans this size$1,313
2024$776 per active participant
2023$753 per active participant
2022$580 per active participant

Mount Prospect Academy'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.

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 · 20241
FUTURE PLANNING ASSOCIATES INC. · Recordkeeping$4,660

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

Recordkeeper by year2
2024FUTURE PLANNING ASSOCIATES INC.
2023FUTURE PLANNING ASSOCIATES INC.

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

Administrative cost history3
2024$4,660 · 0.05%
2023$5,350 · 0.07%
2022$6,935 · 0.11%
Same employer
Similar plansEducational Services · New Hampshire
Proctor Academy NH$22.3M · 0.38%
The New Hampton School NH$21.7M · 0.03%
Dublin School NH$11.1M · 0.37%
Becket Academy NH$9.8M · 0.07%
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 320048804 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.