Plan Ledger DOL Form 5500 · updated monthly

Near North Montessori School403(b)

NEAR NORTH MONTESSORI SCHOOL TSA · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.23%

Near North Montessori School reported $30,858 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. 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 0.12% to 0.23%. 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 among the smaller plans on file in Illinois (2,109th of 3,702), and 1,886th of 3,091 in educational services. In 2024, employees put in $1.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,512,803
Participants with balances225
Active participants—
Employer contributions$392,267
Employee contributions$676,499
Employer contribution per active participant—
Average account balance$60,057
Benefits paid to participants$1,745,378
Plan auditDisclaimer of opinion
AuditorSASSETTI LLC
Plan history3
Yearassets · accounts · employer contribution
2024$13.5M · 225 accts · $392K emplr
2023$12.8M · 170 accts · $368K emplr
2022$12.1M · 168 accts · $311K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,858
Total administrative$30,858
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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$31,613
AXA EQUITABLE LIFE INSURANCE CO · Trustee (directed) · Investment management$1,430

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$30,858 · 0.23%
2023$28,211 · 0.23%
2022$14,473 · 0.12%
Same employer
Similar plansEducational Services · Illinois
Vision for Hope IL$14.6M · 0.83%
The Catherine Cook School IL$14.2M · 0.04%
Flinn Scientific, Inc. IL$12.8M · 0.13%
Wheaton Academy IL$12.7M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362535895 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.