Plan Ledger DOL Form 5500 · updated monthly

Roeper City and Country School dba the Roeper School403(b)

THE ROEPER SCHOOL SAVINGS AND MATCH PLAN · BLOOMFIELD HILLS, MI · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Roeper City and Country School dba the Roeper School reported $8,519 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,760 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 0.03% to 0.04%. 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 991st-largest of 2,619 plans among Michigan employers on file, and 1,556th of 3,091 in educational services. In 2024, employees put in $1.95 for every $1.00 the employer contributed; active participation has shrunk from 122 to 103 since 2022.

Plan summary
Net assets, end of year$21,250,170
Participants with balances187
Active participants103
Employer contributions$284,314
Employee contributions$553,306
Employer contribution per active participant$2,760
Average account balance$113,637
Benefits paid to participants$689,559
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.3M · 187 accts · $284K emplr
2023$18.8M · 187 accts · $286K emplr
2022$16.7M · 194 accts · $268K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,519
Total administrative$8,519
Employer contributions to the Roeper City and Country School dba the Roeper School plan · 2024
Employer contribution per active participant$2,760
Median for plans this size$2,416
2024$2,760 per active participant
2023$2,697 per active participant
2022$2,197 per active participant

Roeper City and Country School dba the Roeper School'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 · 20241
TIAA$8,594

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$8,519 · 0.04%
2023$6,889 · 0.04%
2022$5,844 · 0.03%
Same employer
Similar plansEducational Services · Michigan
Walsh College MI$27.1M · 0.22%
Michigan Virtual University MI$24.0M · 0.25%
Olivet College MI$23.9M · 0.23%
Emerson School MI$18.9M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381561062 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.