Plan Ledger DOL Form 5500 · updated monthly

Saint David's School403(b)

SAINT DAVID'S SCHOOL RETIREMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Saint David's School reported $9,708 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,401 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 0.03% to 0.01%. 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 1,038th-largest of 5,648 plans among New York employers on file, and the 693rd of 3,091 in educational services. In 2024, employees put in $1.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$72,953,637
Participants with balances366
Active participants157
Employer contributions$1,161,916
Employee contributions$1,261,854
Employer contribution per active participant$7,401
Average account balance$199,327
Benefits paid to participants$3,321,670
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$73.0M · 366 accts · $1.2M emplr
2023$65.6M · 363 accts · $1.1M emplr
2022$55.1M · 355 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,708
Total administrative$9,708
Employer contributions to the Saint David's School plan · 2024
Employer contribution per active participant$7,401
Median for plans this size$3,635
2024$7,401 per active participant
2023$7,239 per active participant
2022$6,616 per active participant

Saint David's School's 2024 employer contribution ran above the $3,635 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 · 20243
TIAA$18,831
FORVIS · Accounting / audit$14,595
PLANPILOT, LLC · Investment advisory (plan)$9,825

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$9,708 · 0.01%
2023$20,696 · 0.03%
2022$19,931 · 0.03%
Same employer
Similar plansEducational Services · New York
Grace Church School NY$75.3M · 0.10%
The Berkeley Carroll School NY$74.7M · 0.00%
St. Bernards School NY$68.1M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131655283 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.