Plan Ledger DOL Form 5500 · updated monthly

The Boys Latin School of Maryland, Inc.403(b)

THE BOYS' LATIN SCHOOL RETIREMENT PLAN · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

The Boys Latin School of Maryland, Inc. reported $81,442 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $4,513 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 0.12% to 0.18%. 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 330th-largest of 1,671 plans among Maryland employers on file, and the 937th of 3,091 in educational services. In 2024, employees put in $1.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$48,301,269
Participants with balances293
Active participants135
Employer contributions$609,199
Employee contributions$898,305
Employer contribution per active participant$4,513
Average account balance$164,851
Benefits paid to participants$1,602,420
Plan auditDisclaimer of opinion
AuditorBENEFIT AUDIT GROUP, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$48.3M · 293 accts · $609K emplr
2023$42.8M · 289 accts · $572K emplr
2022$35.9M · 281 accts · $522K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$81,442
Total administrative$81,442
Employer contributions to the The Boys Latin School of Maryland, Inc. plan · 2024
Employer contribution per active participant$4,513
Median for plans this size$2,416
2024$4,513 per active participant
2023$4,085 per active participant
2022$3,988 per active participant

The Boys Latin School of Maryland, Inc.'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 · 20243
TIAA - TEACHERS INSURANCE AND ANNUI · Contract administrator · Recordkeeping$35,390
MORGAN STANLEY SMITH BARNEY HOLDING · Investment advisory (plan)$36,052
BENEFIT AUDIT GROUP · Other services$10,300

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024TIAA
2023TIAA

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$81,442 · 0.18%
2023$71,580 · 0.18%
2022$47,368 · 0.12%
Same employer
Similar plansEducational Services · Maryland
Salisbury House, LLC MD$62.9M · 0.37%
Landon School Corporation MD$49.5M · 0.24%
Education Affiliates, Inc. MD$46.7M · 0.65%
Bullis School Inc. MD$44.8M · 0.00%
Key School, Inc. MD$41.1M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520735085 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.