Plan Ledger DOL Form 5500 · updated monthly

The Bishop's School403(b)

THE BISHOP'S SCHOOL 403(B) PLAN · LA JOLLA, CA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

The Bishop's School reported $90,841 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $6,506 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 0.03% to 0.12%. 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 1,206th-largest of 9,483 plans among California employers on file, and the 659th of 3,091 in educational services. In 2024, employees put in $1.19 for every $1.00 the employer contributed; active participation has shrunk from 373 to 270 since 2022.

Plan summary
Net assets, end of year$79,062,552
Participants with balances469
Active participants270
Employer contributions$1,756,717
Employee contributions$2,093,955
Employer contribution per active participant$6,506
Average account balance$168,577
Benefits paid to participants$4,395,294
Plan auditDisclaimer of opinion
AuditorWEST RHODE & ROBERTS
Plan history3
Yearassets · accounts · employer contribution
2024$79.1M · 469 accts · $1.8M emplr
2023$68.7M · 462 accts · $1.6M emplr
2022$60.4M · 458 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$90,841
Total administrative$90,841
Employer contributions to the The Bishop's School plan · 2024
Employer contribution per active participant$6,506
Median for plans this size$3,635
2024$6,506 per active participant
2023$5,728 per active participant
2022$4,009 per active participant

The Bishop's School's 2024 employer contribution ran above the $3,635 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 · 20244
MORGAN STANLEY DOMESTIC HOLDINGS, I · Investment advisory (participants) · Investment advisory (plan)$44,800
TIAA$25,150
WEST RHODE & ROBERTS · Accounting / audit$13,126

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$90,841 · 0.12%
2023$64,558 · 0.10%
2022$20,112 · 0.03%
Same employer
Similar plansEducational Services · California
Westmont College CA$85.1M · 0.13%
The Harker School CA$73.3M · 0.22%
Kipp Bay Area Schools CA$67.3M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951642362 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.