Plan Ledger DOL Form 5500 · updated monthly

South Kent School Corporation403(b)

SOUTH KENT SCHOOL RETIREMENT PLAN · SOUTH KENT, CT · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

South Kent School Corporation reported $5,850 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,543 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 has held roughly steady near 0.044%. 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 Connecticut (672nd of 1,106), and 1,883rd of 3,091 in educational services. In 2024, the employer put in $1.29 for every $1.00 employees contributed themselves; active participation has grown from 45 to 57 since 2022.

Plan summary
Net assets, end of year$13,541,282
Participants with balances182
Active participants57
Employer contributions$372,925
Employee contributions$288,987
Employer contribution per active participant$6,543
Average account balance$74,403
Benefits paid to participants$1,241,345
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $203K emplr
2024$13.5M · 182 accts · $373K emplr
2023$12.9M · 192 accts · $348K emplr
2022$12.1M · 176 accts · $294K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,850
Total administrative$5,850
Employer contributions to the South Kent School Corporation plan · 2024
Employer contribution per active participant$6,543
Median for plans this size$2,416
2024$6,543 per active participant
2023$5,904 per active participant
2022$6,533 per active participant

South Kent School Corporation'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.

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 · 20241
TIAA-TEACHERS INSUR & ANNUITY ASSOC · Contract administrator · Recordkeeping$6,000

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

Recordkeeper by year2
2024TIAA
2023TIAA

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

Administrative cost history4
2025Not separately reported
2024$5,850 · 0.04%
2023$5,704 · 0.05%
2022$4,954 · 0.04%
Similar plansEducational Services · Connecticut
Watkinson School CT$22.5M · 0.09%
Rumsey Hall School CT$19.9M · 0.08%
Indian Mountain School CT$15.1M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060646906 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.