Plan Ledger DOL Form 5500 · updated monthly

Ranney School403(b)

THE RANNEY SCHOOL DC RETIREMENT PLAN · TINTON FALLS, NJ · plan year 2022

Reported admin expense ratio · 2022
0.19%

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

Ranney School reported $52,347 in plan administrative expenses for 2022: 0.19% of average plan assets, below the peer median. Employer contributions averaged $4,468 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other educational services employers. By assets it is the 923rd-largest of 2,419 plans among New Jersey employers on file, and the 1,415th of 3,091 in educational services. In 2022, employees put in $1.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,354,442
Participants with balances327
Active participants130
Employer contributions$580,859
Employee contributions$999,282
Employer contribution per active participant$4,468
Average account balance$77,537
Benefits paid to participants$1,292,130
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$53,195
Total administrative$52,347
Employer contributions to the Ranney School plan · 2022
Employer contribution per active participant$4,468
Median for plans this size$2,266

Ranney School's 2022 employer contribution ran above the $2,266 median for plans its size, placing it in the top quarter of its peers. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$52,347 · 0.19%
Similar plansEducational Services · New Jersey
Saint Elizabeth University NJ$28.6M · 0.29%
Hawkswood, Inc. NJ$21.8M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221853374 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.