Plan Ledger DOL Form 5500 · updated monthly

Solomon Schechter Day School403(b)

SOLOMON SCHECHTER DAY SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN · NEWTON, MA · plan year 2025

Reported admin expense ratio · 2025
0.04%

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

Solomon Schechter Day School reported $13,495 in plan administrative expenses for 2025: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,072 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 0.05% to 0.04%. 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 917th-largest of 2,726 plans among Massachusetts employers on file, and the 1,185th of 3,091 in educational services. In 2025, employees put in $1.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,402,368
Participants with balances269
Active participants144
Employer contributions$442,305
Employee contributions$833,820
Employer contribution per active participant$3,072
Average account balance$127,890
Benefits paid to participants$2,473,204
Plan auditDisclaimer of opinion
Plan history4
Yearassets · accounts · employer contribution
2025$34.4M · 269 accts · $442K emplr
2024$31.3M · 268 accts · $418K emplr
2023$29.6M · 264 accts · $361K emplr
2022$26.2M · 254 accts · $357K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$13,495
Total administrative$13,495
Employer contributions to the Solomon Schechter Day School plan · 2025
Employer contribution per active participant$3,072
Median for plans this size$2,666
2025$3,072 per active participant
2024$2,925 per active participant
2023$2,732 per active participant
2022$2,729 per active participant

Solomon Schechter Day School'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 · 20252
KAHN, LITWIN, RENZA & CO. · Accounting / audit$15,214
TIAA$225

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

Administrative cost history4
2025$13,495 · 0.04%
2024$10,063 · 0.03%
2023$8,699 · 0.03%
2022$14,675 · 0.05%
Same employer
Similar plansEducational Services · Massachusetts
The Carroll School MA$34.9M · 0.10%
Fisher College MA$32.9M · 0.03%
Bancroft School MA$32.5M · 0.11%
Lighthouse School, Inc. MA$32.5M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042303212 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.