Plan Ledger DOL Form 5500 · updated monthly

Schools for Children, Inc.403(b)

SCHOOLS FOR CHILDREN, INC. 403(B) RETIREMENT PLAN · WINCHESTER, MA · plan year 2025

Reported admin expense ratio · 2025
0.00%

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

Schools for Children, Inc. reported $767 in plan administrative expenses for 2025: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,878 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 3 years on file its reported administrative ratio fell from 0.38% to 0.00%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other educational services employers. By assets it is the 1,105th-largest of 2,726 plans among Massachusetts employers on file, and the 1,396th of 3,091 in educational services. In 2025, employees put in $1.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,144,986
Participants with balances251
Active participants173
Employer contributions$497,861
Employee contributions$659,809
Employer contribution per active participant$2,878
Average account balance$104,163
Benefits paid to participants$2,110,971
Plan auditUnmodified (clean) audit opinion
AuditorLEONARD, MULHERIN & GREENE, P.C.
Plan history4
Yearassets · accounts · employer contribution
2025$26.1M · 251 accts · $498K emplr
2024$23.8M · 247 accts · $471K emplr
2023$23.0M · 245 accts · $499K emplr
2022$20.4M · 249 accts · $490K emplr
Employer contributions to the Schools for Children, Inc. plan · 2025
Employer contribution per active participant$2,878
Median for plans this size$2,666
2025$2,878 per active participant
2024$2,773 per active participant
2023$2,697 per active participant
2022$2,802 per active participant

Schools for Children, Inc.'s 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
NATIONWIDE · Recordkeeping · Other services$32,212
THE ANGELL PENSION GROUP · Plan administratorindirect comp
MORGAN STANLEY SMITH BARNEY LLCindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year3
2025Nationwide
2024Nationwide
2023Nationwide

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$767 · 0.00%
2024$2,091 · 0.01%
2023$56,331 · 0.26%
2022$84,922 · 0.38%
Same employer
Similar plansEducational Services · Massachusetts
Middlesex School MA$27.1M · 0.14%
Riverview School, Inc. MA$26.8M · 0.01%
Dedham Country Day School MA$26.7M · 0.14%
Dean College MA$26.7M · 0.21%
Brimmer and May School MA$25.6M · 0.26%
Shorelight, LLC MA$22.7M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042730069 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.