Plan Ledger DOL Form 5500 · updated monthly

St. Andrew's School of Delaware, Inc.403(b)

ST. ANDREW'S SCHOOL OF DELAWARE 403(B) PLAN · MIDDLETOWN, DE · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

St. Andrew's School of Delaware, Inc. reported $138,913 in plan administrative expenses for 2024: 0.23% of average plan assets, higher than ~75% of peers. Employer contributions averaged $6,070 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 0.21% to 0.23%. 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 49th-largest of 242 plans among Delaware employers on file, and the 765th of 3,091 in educational services. In 2024, the employer put in $1.01 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$63,943,559
Participants with balances379
Active participants181
Employer contributions$1,098,678
Employee contributions$1,091,440
Employer contribution per active participant$6,070
Average account balance$168,717
Benefits paid to participants$1,843,121
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$63.9M · 379 accts · $1.1M emplr
2023$54.7M · 361 accts · $1.1M emplr
2022$46.5M · 350 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$138,913
Total administrative$138,913
Employer contributions to the St. Andrew's School of Delaware, Inc. plan · 2024
Employer contribution per active participant$6,070
Median for plans this size$3,635
2024$6,070 per active participant
2023$5,654 per active participant
2022$6,153 per active participant

St. Andrew's School of Delaware, Inc.'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 · 20242
TIAA - TEACHERS INSURANCE AND ANNUI · Recordkeeping · Custodial (securities)$41,362
BIDDLE CAPITAL MANAGEMENT, INC. · Investment advisory (participants) · Investment advisory (plan)$98,300

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$138,913 · 0.23%
2023$77,103 · 0.15%
2022$90,815 · 0.21%
Same employer
Similar plansEducational Services · Delaware
Wilmington University, Inc. DE$118.3M · 0.12%
Tower Hill School DE$64.7M · 0.09%
The Tatnall School, Inc DE$42.0M · 0.00%
Sanford School DE$31.9M · 0.22%
Goldey-Beacom College, Inc. DE$25.1M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510079506 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.