School Year Abroad, Inc.403(b)
SCHOOL YEAR ABROAD 403(B) DC PLAN · NORTH ANDOVER, MA · plan year 2024
School Year Abroad, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $10,433,816 across 151 participant accounts, with employer contributions averaging $5,337 per active participant. See methodology for what Form 5500 does and doesn't capture.
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 among the smaller plans on file in Massachusetts (1,867th of 2,726), and 2,078th of 3,091 in educational services. In 2024, the employer put in $1.41 for every $1.00 employees contributed themselves; active participation has grown from 21 to 33 since 2022.
School Year Abroad, 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.
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Source: U.S. Department of Labor, Form 5500 series, EIN 042589375 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.