Plan Ledger DOL Form 5500 · updated monthly

The Asheville School403(b)

THE ASHEVILLE SCHOOL RETIREMENT PLAN · ASHEVILLE, NC · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

The Asheville School reported $36,718 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,085 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 3 years on file its reported administrative ratio has held roughly steady near 0.123%. 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 553rd-largest of 2,005 plans among North Carolina employers on file, and the 1,273rd of 3,091 in educational services. In 2024, employees put in $1.08 for every $1.00 the employer contributed; active participation has grown from 102 to 137 since 2022.

Plan summary
Net assets, end of year$30,891,486
Participants with balances306
Active participants137
Employer contributions$696,582
Employee contributions$754,441
Employer contribution per active participant$5,085
Average account balance$100,953
Benefits paid to participants$2,745,495
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.9M · 306 accts · $697K emplr
2023$28.6M · 294 accts · $695K emplr
2022$24.9M · 285 accts · $644K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,718
Total administrative$36,718
Employer contributions to the The Asheville School plan · 2024
Employer contribution per active participant$5,085
Median for plans this size$2,416
2024$5,085 per active participant
2023$5,792 per active participant
2022$6,315 per active participant

The Asheville School's 2024 employer contribution ran above the $2,416 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 · 20242
MMA SECURITIES LLC · Investment advisory (participants) · Investment advisory (plan)$20,000
TIAA$16,718

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$36,718 · 0.12%
2023$33,213 · 0.12%
2022$31,333 · 0.12%
Similar plansEducational Services · North Carolina
College Foundation, Inc. NC$38.3M · 0.05%
Forsyth Country Day School NC$37.9M · 0.06%
Pfeiffer University NC$33.4M · 0.16%
University of Mount Olive NC$28.1M · 0.36%
Barton College NC$27.8M · 0.16%
Cannon School, Inc. NC$27.4M · 0.17%
Chowan University NC$24.2M · 0.27%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 560530248 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.