Plan Ledger DOL Form 5500 · updated monthly

Shady Hill School Corporation403(b)

SHADY HILL SCHOOL DC AND TDA RETIREMENT PLAN · CAMBRIDGE, MA · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Shady Hill School Corporation reported $1,207 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,569 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 0.000% to 0.002%. 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 564th-largest of 2,726 plans among Massachusetts employers on file, and the 737th of 3,091 in educational services. In 2024, employees put in $1.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$66,922,709
Participants with balances490
Active participants201
Employer contributions$918,435
Employee contributions$1,380,820
Employer contribution per active participant$4,569
Average account balance$136,577
Benefits paid to participants$4,895,137
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$66.9M · 490 accts · $918K emplr
2023$60.6M · 477 accts · $893K emplr
2022$50.9M · 483 accts · $867K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,207
Total administrative$1,207
Employer contributions to the Shady Hill School Corporation plan · 2024
Employer contribution per active participant$4,569
Median for plans this size$3,635
2024$4,569 per active participant
2023$4,275 per active participant
2022$4,107 per active participant

Shady Hill School Corporation's 2024 employer contribution ran above the $3,635 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.

Administrative cost history3
2024$1,207 · 0.00%
2023$300 · 0.00%
2022$150 · 0.00%
Same employer
Similar plansEducational Services · Massachusetts
Dexter Southfield, Inc. MA$70.0M · 0.05%
Bay Path University MA$67.3M · 0.13%
Regis College MA$67.0M · 0.15%
Brooks School MA$66.7M · 0.20%
Berkshire School, Inc. MA$65.9M · 0.06%
Dana Hall School MA$63.1M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042103628 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.