Plan Ledger DOL Form 5500 · updated monthly

Springside Chestnut Hill Academy403(b)

SPRINGSIDE CHESTNUT HILL ACADEMY 403(B) RETIREMENT PLAN · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Springside Chestnut Hill Academy reported $118,640 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $5,428 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 0.13% to 0.14%. 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 519th-largest of 3,651 plans among Pennsylvania employers on file, and the 592nd of 3,091 in educational services. In 2024, employees put in $1.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$88,361,389
Participants with balances668
Active participants249
Employer contributions$1,351,515
Employee contributions$1,629,079
Employer contribution per active participant$5,428
Average account balance$132,278
Benefits paid to participants$5,130,998
Plan auditUnmodified (clean) audit opinion
AuditorTAIT WELLER & BAKER LLP
Plan history3
Yearassets · accounts · employer contribution
2024$88.4M · 668 accts · $1.4M emplr
2023$81.2M · 655 accts · $1.3M emplr
2022$71.5M · 646 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,172
Investment management$36,650
Audit (IQPA)$10,000
Total administrative$118,640
Employer contributions to the Springside Chestnut Hill Academy plan · 2024
Employer contribution per active participant$5,428
Median for plans this size$3,635
2024$5,428 per active participant
2023$5,518 per active participant
2022$5,295 per active participant

Springside Chestnut Hill Academy'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.

Service providers · 20243
ONEDIGITAL INVESTMENT ADVISORS · Contract administrator$36,650
TAIT WELLER & BAKER · Accounting / audit$10,000

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

Administrative cost history3
2024$118,640 · 0.14%
2023$96,082 · 0.13%
2022$100,536 · 0.13%
Same employer
Similar plansEducational Services · Pennsylvania
Desales University PA$94.7M · 0.00%
Delaware Valley University PA$93.6M · 0.06%
Misericordia University PA$89.9M · 0.07%
Mercyhurst University PA$87.6M · 0.01%
Eastern University PA$86.6M · 0.01%
Fullbloom PA$85.5M · 0.64%
Grove City College PA$83.4M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231352681 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.