Plan Ledger DOL Form 5500 · updated monthly

Summit Country Day School, Inc.Money purchase plan

SUMMIT COUNTRY DAY SCHOOL EMPLOYEE'S PENSION PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Summit Country Day School, Inc. reported $7,225 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,981 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 0.035% to 0.029%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 1,091st-largest of 3,295 plans among Ohio employers on file, and the 1,403rd of 3,091 in educational services. active participation has grown from 220 to 246 since 2022.

Plan summary
Net assets, end of year$25,816,628
Participants with balances273
Active participants246
Employer contributions$979,243
Employee contributions—
Employer contribution per active participant$3,981
Average account balance$94,566
Benefits paid to participants$2,112,362
Plan auditUnmodified (clean) audit opinion
AuditorMELLOTT & MELLOTT, P.L.L.
Plan history3
Yearassets · accounts · employer contribution
2024$25.8M · 273 accts · $979K emplr
2023$23.6M · 228 accts · $904K emplr
2022$20.5M · 240 accts · $850K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,225
Total administrative$7,225
Employer contributions to the Summit Country Day School, Inc. plan · 2024
Employer contribution per active participant$3,981
Median for plans this size$2,416
2024$3,981 per active participant
2023$3,862 per active participant
2022$3,864 per active participant

Summit Country Day School, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20241

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$7,225 · 0.03%
2023$6,888 · 0.03%
2022$6,948 · 0.03%
Similar plansEducational Services · Ohio
Western Reserve Academy OH$30.2M · 0.20%
Cleveland Institute of Art OH$29.3M · 0.20%
Lake Erie College OH$23.0M · 0.02%
The Wellington School OH$22.8M · 0.21%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 310537173 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.