Plan Ledger DOL Form 5500 · updated monthly

Nashoba Brooks School of Concord403(b)

NASHOBA BROOKS SCHOOL OF CONCORD DC RETIREMENT PLAN · CONCORD, MA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Nashoba Brooks School of Concord reported $17,727 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,197 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 0.05% to 0.09%. 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 1,268th-largest of 2,726 plans among Massachusetts employers on file, and 1,569th of 3,091 in educational services. In 2024, employees put in $1.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,787,266
Participants with balances180
Active participants96
Employer contributions$306,952
Employee contributions$429,000
Employer contribution per active participant$3,197
Average account balance$115,485
Benefits paid to participants$979,395
Plan auditDisclaimer of opinion
AuditorQRGA, LLP
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $265K emplr
2024$20.8M · 180 accts · $307K emplr
2023$18.6M · 175 accts · $282K emplr
2022$15.8M · 184 accts · $319K emplr
Administrative expenses, itemized · 2024
Investment management$17,727
Total administrative$17,727
Employer contributions to the Nashoba Brooks School of Concord plan · 2024
Employer contribution per active participant$3,197
Median for plans this size$2,416
2024$3,197 per active participant
2023$2,939 per active participant
2022$3,586 per active participant

Nashoba Brooks School of Concord's 2024 employer contribution ran above the $2,416 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
TIAA$24,421

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

Administrative cost history4
2025Not separately reported
2024$17,727 · 0.09%
2023$14,511 · 0.08%
2022$9,400 · 0.05%
Similar plansEducational Services · Massachusetts
Shorelight, LLC MA$22.7M · 0.61%
The Pingree School, Inc. MA$22.0M · 0.38%
Miss Halls School, Inc. MA$20.1M · 0.19%
Cotting School, Inc. MA$19.6M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042103947 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.