Plan Ledger DOL Form 5500 · updated monthly

Overbrook School for the Blind403(b)

OVERBROOK STAFF SAVINGS PLAN · PHILADELPHIA, PA · plan year 2023

Reported admin expense ratio · 2023
0.01%

Overbrook School for the Blind reported $738 in plan administrative expenses for 2023: 0.01% of average plan assets, lower than ~75% of peers. 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 1 year on file its reported administrative ratio fell from 0.014% to 0.007%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Pennsylvania (2,263rd of 3,651), and 2,092nd of 3,091 in educational services.

Plan summary
Net assets, end of year$10,283,108
Participants with balances150
Active participants250
Employer contributions—
Employee contributions$330,936
Employer contribution per active participant—
Average account balance$68,554
Benefits paid to participants$979,203
Plan auditUnmodified (clean) audit opinion
AuditorTAIT, WELLER & BAKER, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$10.3M · 150 accts
2022$9.9M · 312 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$738
Total administrative$738
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
METLIFE INSURANCE COMPANY OF CT · Contract administrator$1,538
AMERICAN UNITED LIFE INSURANCE CO · Participant communication$963
AXA EQUITABLE LIFE INSURANCE CO · Investment management · Trustee (directed)$731

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

Administrative cost history2
2023$738 · 0.01%
2022$1,307 · 0.01%
Similar plansEducational Services · Pennsylvania
Lenape Valley Foundation PA$11.5M · 0.60%
Nursing Abc, Inc. PA$10.3M · 0.02%
Grier School PA$9.9M
Pace School PA$9.0M · 0.41%
Cgfns International, Inc. PA$8.8M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231445631 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.