Plan Ledger DOL Form 5500 · updated monthly

St. Anne's School of Annapolis403(b)

ST. ANNE'S SCHOOL OF ANNAPOLIS 403(B) RETIREMENT PLAN · ANNAPOLIS, MD · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

St. Anne's School of Annapolis reported $15,454 in plan administrative expenses for 2024: 0.59% of average plan assets, above the peer median. Employer contributions averaged $1,017 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 0.12% to 0.59%. 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 Maryland (1,455th of 1,671), and 2,743rd of 3,091 in educational services. In 2024, employees put in $2.35 for every $1.00 the employer contributed; active participation has grown from 57 to 72 since 2022.

Plan summary
Net assets, end of year$2,886,846
Participants with balances104
Active participants72
Employer contributions$73,214
Employee contributions$172,323
Employer contribution per active participant$1,017
Average account balance$27,758
Benefits paid to participants$150,492
Plan auditUnmodified (clean) audit opinion
AuditorDAVIS,JOSEY,KEATING AND HOTTEL LLC
Plan history3
Yearassets · accounts · employer contribution
2024$2.9M · 104 accts · $73K emplr
2023$2.4M · 103 accts · $74K emplr
2022$2.4M · 111 accts · $64K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,454
Total administrative$15,454
Employer contributions to the St. Anne's School of Annapolis plan · 2024
Employer contribution per active participant$1,017
Median for plans this size$1,313
2024$1,017 per active participant
2023$1,292 per active participant
2022$1,128 per active participant

St. Anne's School of Annapolis's 2024 employer contribution ran below 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.

Administrative cost history3
2024$15,454 · 0.59%
2023$17,357 · 0.73%
2022$2,736 · 0.12%
Similar plansEducational Services · Maryland
Casa, Inc. MD$3.9M · 1.32%
Linwood Center, Inc MD$3.7M · 0.61%
Shamit Management Inc. MD$3.2M · 0.86%
Gerstell Academy, Inc MD$2.9M · 0.25%
Celebree Learning Centers MD$2.7M · 0.81%
Northbay Education, Inc. MD$1.1M · 0.09%
Metro Montessori LLC MD$993K · 1.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521186325 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.