Plan Ledger DOL Form 5500 · updated monthly

Ranney School403(b)

THE RANNEY SCHOOL DC RETIREMENT PLAN · TINTON FALLS, NJ · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Ranney School reported $68,137 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $4,707 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 0.19% to 0.22%. 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 767th-largest of 2,419 plans among New Jersey employers on file, and the 1,201st of 3,091 in educational services. In 2024, employees put in $1.74 for every $1.00 the employer contributed; active participation has grown from 130 to 148 since 2022.

Plan summary
Net assets, end of year$33,622,278
Participants with balances340
Active participants148
Employer contributions$696,701
Employee contributions$1,213,261
Employer contribution per active participant$4,707
Average account balance$98,889
Benefits paid to participants$1,060,796
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$33.6M · 340 accts · $697K emplr
2023$29.0M · 340 accts · $644K emplr
2022$25.4M · 327 accts · $581K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,187
Total administrative$68,137
Employer contributions to the Ranney School plan · 2024
Employer contribution per active participant$4,707
Median for plans this size$2,416
2024$4,707 per active participant
2023$4,505 per active participant
2022$4,468 per active participant

Ranney School's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
TIAA$30,063
MORGAN STANLEY · Investment advisory (plan)$30,000

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$68,137 · 0.22%
2023$52,790 · 0.19%
2022$52,347 · 0.19%
Same employer
Similar plansEducational Services · New Jersey
The Peck School NJ$40.6M · 0.06%
Educational Testing Service NJ$36.9M · 0.03%
The Frisch School NJ$36.3M · 0.24%
Youth Consultation Service NJ$33.8M · 0.04%
Terranova Group, Inc NJ$31.7M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221853774 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.