Plan Ledger DOL Form 5500 · updated monthly

New England College403(b)

NEW ENGLAND COLLEGE DC RETIREMENT PLAN · HENNIKER, NH · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

New England College reported $175 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,303 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 0.000% to 0.000%. 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 79th-largest of 411 plans among New Hampshire employers on file, and the 903rd of 3,091 in educational services. In 2024, employees put in $1.67 for every $1.00 the employer contributed; active participation has shrunk from 357 to 279 since 2022.

Plan summary
Net assets, end of year$50,661,712
Participants with balances644
Active participants279
Employer contributions$642,433
Employee contributions$1,075,595
Employer contribution per active participant$2,303
Average account balance$78,667
Benefits paid to participants$3,449,118
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$50.7M · 644 accts · $642K emplr
2023$46.6M · 640 accts · $576K emplr
2022$43.9M · 644 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$175
Total administrative$175
Employer contributions to the New England College plan · 2024
Employer contribution per active participant$2,303
Median for plans this size$2,416
2024$2,303 per active participant
2023$1,926 per active participant

New England College's 2024 employer contribution ran below 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-CREF · Loan processing$175

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$175 · 0.00%
2023$100 · 0.00%
2022$100 · 0.00%
Same employer
Similar plansEducational Services · New Hampshire
Saint Anselm College NH$133.3M · 0.09%
St. Paul's School NH$103.4M · 0.20%
Franklin Pierce University NH$67.0M · 0.09%
Colby-Sawyer College NH$60.7M · 0.05%
Rivier University NH$42.3M · 0.12%
The Derryfield School NH$32.3M · 0.23%
Brewster Academy NH$32.1M · 0.14%
Kimball Union Academy NH$31.8M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020223955 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.