Plan Ledger DOL Form 5500 · updated monthly

The Baldwin School403(b)

THE BALDWIN SCHOOL DEFINED CONTRIBUTION PLAN · BRYN MAWR, PA · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

The Baldwin School reported $98,679 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $2,260 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 rose from 0.14% to 0.24%. 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 917th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,041st of 3,091 in educational services. In 2024, employees put in $1.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$42,005,181
Participants with balances443
Active participants215
Employer contributions$485,866
Employee contributions$829,317
Employer contribution per active participant$2,260
Average account balance$94,820
Benefits paid to participants$2,624,185
Plan auditUnmodified (clean) audit opinion
AuditorTAIT WELLER & BAKER
Plan history3
Yearassets · accounts · employer contribution
2024$42.0M · 443 accts · $486K emplr
2023$38.9M · 445 accts · $452K emplr
2022$37.6M · 454 accts · $420K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,613
Investment management$34,816
Audit (IQPA)$10,250
Total administrative$98,679
Employer contributions to the The Baldwin School plan · 2024
Employer contribution per active participant$2,260
Median for plans this size$2,416
2024$2,260 per active participant
2023$2,095 per active participant
2022$2,090 per active participant

The Baldwin School's 2024 employer contribution ran below 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 · 20243
TIAA · Contract administrator$53,613
ONEDIGITAL INVESTMENT ADVISORS · Investment advisory (plan)$34,816
TAIT WELLER & BAKER · Accounting / audit$10,250

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$98,679 · 0.24%
2023$67,236 · 0.18%
2022$55,133 · 0.14%
Same employer
Similar plansEducational Services · Pennsylvania
Mount Aloysius College PA$47.1M · 0.20%
Moravian Academy PA$46.3M · 0.13%
Friends Select School PA$42.6M · 0.32%
Immaculata University PA$41.9M · 0.10%
Sewickley Academy PA$41.9M · 0.09%
The American Law Institute PA$40.9M · 0.34%
Thiel College PA$38.6M

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Source: U.S. Department of Labor, Form 5500 series, EIN 231352619 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.