Plan Ledger DOL Form 5500 · updated monthly

St. Paul's School403(b)

ST. PAUL'S SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN · CONCORD, NH · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

St. Paul's School reported $204,896 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $9,076 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 fell from 0.22% to 0.20%. 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 36th-largest of 411 plans among New Hampshire employers on file, and the 507th of 3,091 in educational services. In 2024, the employer put in $1.55 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$103,351,911
Participants with balances1,029
Active participants318
Employer contributions$2,886,079
Employee contributions$1,856,170
Employer contribution per active participant$9,076
Average account balance$100,439
Benefits paid to participants$12,305,484
Plan auditDisclaimer of opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$103.4M · 1,029 accts · $2.9M emplr
2023$99.6M · 1,034 accts · $2.7M emplr
2022$89.2M · 972 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$204,896
Total administrative$204,896
Employer contributions to the St. Paul's School plan · 2024
Employer contribution per active participant$9,076
Median for plans this size$3,635
2024$9,076 per active participant
2023$8,395 per active participant
2022$8,061 per active participant

St. Paul's School's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. 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 · 20241
AMERICAN TRUST COMPANY · Trustee (discretionary)$146,758

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$204,896 · 0.20%
2023$215,037 · 0.23%
2022$213,098 · 0.22%
Same employer
Similar plansEducational Services · New Hampshire
Phillips Exeter Academy NH$242.2M · 0.03%
Saint Anselm College NH$133.3M · 0.09%
Franklin Pierce University NH$67.0M · 0.09%
Colby-Sawyer College NH$60.7M · 0.05%
New England College NH$50.7M · 0.00%
Rivier University NH$42.3M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020222227 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.