Plan Ledger DOL Form 5500 · updated monthly

Notre Dame Preparatory School Inc.403(b)

THE NOTRE DAME PREPARATORY SCHOOL TAX DEFERRED ANNUITY PLAN · TOWSON, MD · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Notre Dame Preparatory School Inc. reported $71,263 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $2,668 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 3 years on file its reported administrative ratio has held roughly steady near 0.44%. 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 737th-largest of 1,671 plans among Maryland employers on file, and 1,729th of 3,091 in educational services. In 2024, employees put in $2.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,821,787
Participants with balances212
Active participants168
Employer contributions$448,191
Employee contributions$953,078
Employer contribution per active participant$2,668
Average account balance$79,348
Benefits paid to participants$1,745,125
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.8M · 212 accts · $448K emplr
2023$15.7M · 218 accts · $442K emplr
2022$14.8M · 207 accts · $395K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,268
Total administrative$71,263
Employer contributions to the Notre Dame Preparatory School Inc. plan · 2024
Employer contribution per active participant$2,668
Median for plans this size$2,416
2024$2,668 per active participant
2023$2,541 per active participant
2022$2,425 per active participant

Notre Dame Preparatory School Inc.'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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$46,267
RBC CAPITAL MARKETS LLC · Pension consulting$24,990

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$71,263 · 0.44%
2023$68,053 · 0.45%
2022$64,222 · 0.46%
Similar plansEducational Services · Maryland

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Source: U.S. Department of Labor, Form 5500 series, EIN 520733735 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.