Plan Ledger DOL Form 5500 · updated monthly

Ravenscroft School403(b)

RAVENSCROFT SCHOOL RETIREMENT PLAN · RALEIGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Ravenscroft School reported $19,751 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,252 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 fell from 0.07% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 339th-largest of 2,005 plans among North Carolina employers on file, and the 833rd of 3,091 in educational services. In 2024, employees put in $1.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$57,334,478
Participants with balances537
Active participants297
Employer contributions$965,789
Employee contributions$1,250,555
Employer contribution per active participant$3,252
Average account balance$106,768
Benefits paid to participants$3,975,015
Plan auditUnmodified (clean) audit opinion
AuditorBATCHELOR, TILLERY & ROBERTS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$57.3M · 537 accts · $966K emplr
2023$52.4M · 522 accts · $921K emplr
2022$47.3M · 519 accts · $889K emplr
Administrative expenses, itemized · 2024
Investment management$19,751
Total administrative$19,751
Employer contributions to the Ravenscroft School plan · 2024
Employer contribution per active participant$3,252
Median for plans this size$3,635
2024$3,252 per active participant
2023$3,011 per active participant
2022$3,140 per active participant

Ravenscroft School's 2024 employer contribution ran below the $3,635 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
CAPFINANCIAL PARTNERS LLC · Other services$20,374

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$19,751 · 0.04%
2023$74,080 · 0.15%
2022$34,705 · 0.07%
Same employer
Similar plansEducational Services · North Carolina
Methodist University NC$63.4M · 0.19%
Lenoir-Rhyne University NC$58.0M · 0.11%
Catawba College NC$46.9M · 0.13%
Cary Academy NC$44.7M · 0.20%
Warren Wilson College, Inc. NC$41.9M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 566001583 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.