Plan Ledger DOL Form 5500 · updated monthly

Saddle River Day School, Inc.403(b)

SADDLE RIVER DAY SCHOOL DC AND TDA RETIREMENT PLAN · SADDLE RIVER, NJ · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Saddle River Day School, Inc. reported $35,318 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $4,233 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 0.04% to 0.20%. 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 1,126th-largest of 2,419 plans among New Jersey employers on file, and 1,672nd of 3,091 in educational services. In 2024, employees put in $1.39 for every $1.00 the employer contributed; active participation has grown from 62 to 87 since 2022.

Plan summary
Net assets, end of year$17,915,095
Participants with balances177
Active participants87
Employer contributions$368,312
Employee contributions$512,286
Employer contribution per active participant$4,233
Average account balance$101,215
Benefits paid to participants$2,251,941
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.9M · 177 accts · $368K emplr
2023$17.5M · 167 accts · $296K emplr
2022$15.6M · 155 accts · $271K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,294
Audit (IQPA)$24
Total administrative$35,318
Employer contributions to the Saddle River Day School, Inc. plan · 2024
Employer contribution per active participant$4,233
Median for plans this size$2,416
2024$4,233 per active participant
2023$3,850 per active participant
2022$4,368 per active participant

Saddle River Day School, Inc.'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
SMITH & HOWARD PC · Accounting / audit$20,000
CAPTRUST · Investment advisory (plan)$6,822

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$35,318 · 0.20%
2023$34,790 · 0.21%
2022$7,396 · 0.04%
Similar plansEducational Services · New Jersey
P.G. Chambers School, Inc. NJ$20.5M · 0.24%
SPECTRUM360 NJ$18.3M · 0.27%
The Phoenix Center, Inc. NJ$17.2M · 0.15%
Golda Och Academy NJ$17.0M · 0.27%
Rks Associates NJ$15.8M · 0.46%
The Archway Programs NJ$15.6M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221612735 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.