Plan Ledger DOL Form 5500 · updated monthly

Spaulding Academy & Family Services403(b)

SPAULDING ACADEMY & FAMILY SERVICES 403(B) RETIREMENT PLAN · NORTHFIELD, NH · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Spaulding Academy & Family Services reported $40,188 in plan administrative expenses for 2024: 0.46% of average plan assets, below the peer median. Employer contributions averaged $1,842 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 0.25% to 0.46%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in New Hampshire (275th of 411), and 2,164th of 3,091 in educational services. In 2024, the employer put in $1.18 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$9,421,444
Participants with balances273
Active participants310
Employer contributions$570,938
Employee contributions$484,929
Employer contribution per active participant$1,842
Average account balance$34,511
Benefits paid to participants$888,565
Plan auditUnmodified (clean) audit opinion
AuditorNATHAN WECHSLER & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$9.4M · 273 accts · $571K emplr
2023$8.2M · 263 accts · $513K emplr
2022$6.8M · 263 accts · $242K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,460
Investment management$21,728
Total administrative$40,188
Employer contributions to the Spaulding Academy & Family Services plan · 2024
Employer contribution per active participant$1,842
Median for plans this size$1,313
2024$1,842 per active participant
2023$1,659 per active participant
2022$835 per active participant

Spaulding Academy & Family Services's 2024 employer contribution ran above the $1,313 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.

Service providers · 20243
EPIC RETIREMENT PLAN SERVICES, INC. · Recordkeeping · Loan processing$18,310
INDEPENDENCE FINANCIAL ADVISOR · Loan processing$21,803

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

Recordkeeper by year2
2024EPIC RPS
2023EPIC RPS

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

Administrative cost history3
2024$40,188 · 0.46%
2023$36,091 · 0.48%
2022$16,037 · 0.25%
Same employer
Similar plansEducational Services · New Hampshire
The New Hampton School NH$21.7M · 0.03%
Dublin School NH$11.1M · 0.37%
Becket Academy NH$9.8M · 0.07%
Mount Prospect Academy NH$9.5M · 0.05%
The White Mountain School NH$6.5M · 0.23%
High Mowing School NH$4.3M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020244216 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.