Plan Ledger DOL Form 5500 · updated monthly

New Canaan Country School, Inc.403(b)

NEW CANAAN COUNTRY SCHOOL DC RETIREMENT PLAN · NEW CANAAN, CT · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

New Canaan Country School, Inc. reported $63,958 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $6,346 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 0.09% to 0.11%. 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 266th-largest of 1,106 plans among Connecticut employers on file, and the 784th of 3,091 in educational services. In 2024, the employer put in $1.00 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$62,135,114
Participants with balances325
Active participants169
Employer contributions$1,072,475
Employee contributions$1,069,505
Employer contribution per active participant$6,346
Average account balance$191,185
Benefits paid to participants$4,035,004
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$62.1M · 325 accts · $1.1M emplr
2023$56.6M · 320 accts · $1.1M emplr
2022$50.3M · 311 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,312
Investment management$24,646
Total administrative$63,958
Employer contributions to the New Canaan Country School, Inc. plan · 2024
Employer contribution per active participant$6,346
Median for plans this size$3,635
2024$6,346 per active participant
2023$6,538 per active participant
2022$6,361 per active participant

New Canaan Country School, Inc.'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
TIAA$39,612
FIDUCIENT ADVISORS, LLC · Investment advisory (participants) · Investment advisory (plan)$24,646

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$63,958 · 0.11%
2023$36,199 · 0.07%
2022$49,824 · 0.09%
Same employer
Similar plansEducational Services · Connecticut
Miss Porters School, Inc. CT$64.1M · 0.14%
Greens Farms Academy, Inc. CT$63.7M · 0.10%
King School, Inc. CT$58.8M · 0.13%
Avon Old Farms School, Inc. CT$56.2M · 0.05%
Pomfret School CT$55.6M · 0.21%
Suffield Academy CT$53.9M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060646765 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.