Plan Ledger DOL Form 5500 · updated monthly

St. Timothys School, Inc.403(b)

ST. TIMOTHYS SCHOOL, INC. 403(B) DC PLAN · RALEIGH, NC · plan year 2022

Reported admin expense ratio · 2022
0.01%

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

St. Timothys School, Inc. reported $462 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,415 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in North Carolina (1,662nd of 2,005), and 2,736th of 3,091 in educational services.

Plan summary
Net assets, end of year$2,908,358
Participants with balances141
Active participants83
Employer contributions$200,415
Employee contributions—
Employer contribution per active participant$2,415
Average account balance$20,627
Benefits paid to participants$155,663
Plan auditUnmodified (clean) audit opinion
AuditorTHOMAS, JUDY & TUCKER, P.A.
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $139K emplr
2022$2.9M · 141 accts · $200K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$462
Total administrative$462
Employer contributions to the St. Timothys School, Inc. plan · 2022
Employer contribution per active participant$2,415
Median for plans this size$1,114

St. Timothys School, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$462 · 0.01%
Similar plansEducational Services · North Carolina
Gaston Day School, Inc. NC$2.4M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560754499 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.