Plan Ledger DOL Form 5500 · updated monthly

St. Mary's Episcopal School403(b)

ST. MARY'S EPISCOPAL SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN · MEMPHIS, TN · plan year 2022

Reported admin expense ratio · 2022
0.15%

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

St. Mary's Episcopal School reported $39,156 in plan administrative expenses for 2022: 0.15% of average plan assets, below the peer median. Employer contributions averaged $3,233 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other educational services employers. By assets it is the 442nd-largest of 1,496 plans among Tennessee employers on file, and the 1,347th of 3,091 in educational services. In 2022, employees put in $1.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,685,625
Participants with balances310
Active participants168
Employer contributions$543,126
Employee contributions$799,199
Employer contribution per active participant$3,233
Average account balance$89,308
Benefits paid to participants$1,572,317
Plan auditUnmodified (clean) audit opinion
AuditorREYNOLDS BONE & GRIESBECK PLC
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $233K emplr
2022$27.7M · 310 accts · $543K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$39,156
Total administrative$39,156
Employer contributions to the St. Mary's Episcopal School plan · 2022
Employer contribution per active participant$3,233
Median for plans this size$2,266

St. Mary's Episcopal School's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$39,156 · 0.15%
Similar plansEducational Services · Tennessee
Memphis University School TN$35.1M · 0.05%
Maryville College TN$34.2M · 0.32%
Franklin Road Academy TN$27.3M · 0.07%
The Hutchison School TN$27.2M · 0.16%
Battle Ground Academy TN$24.9M · 0.43%
Chancelight, Inc. TN$24.8M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620604637 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.